Katana, are you serious or what?NGF is cheap based purely on the...

Katana, are you serious or what?

NGF is cheap based purely on the following-

1./ Current Market Cap of $138mil and total of approx $200mil fully diluted after Con notes.

2./ Half Yearly NPAT of $9.7mil

3./ EBITDA $20.7mil on Revenue of $56mil

4./ Cash Flow from Operations on the Half of $22mil and Cash Balance of $33mil

5./ Will produce 150k ounces announced from Paddington & another 50k ounces from Mt Morgan soon to take total production to 200k ounces in the very near future.


I'd love to hear why you think NGF based on its current fundamentals and recent results for the Half Yearly above is NOT cheap but because from everything that I can see, it bloody is lol!!!

PS - I dont hold NGF but have done so in the past but think its the most undervalued goldy on the asx currently and would be an amazing fit for TMR I reckon!!!
PSS - Not havin a crack at you either, love your posts!