The Victorian election was the first time in a long time that a Govt. was ousted after one term. Labor party elected by promises to stop (so-called) expensive road and rail projects. They suspended all the plans. Put PASS back by 18 months.
Now the Labor Govt. has not only reinstated parts of original plans but also dramatically increased the amount of works and, thereby increased the amount of PASS that requires disposal. There will be tons and tons of PASS THAT NEEDS DISPOSING OF.
Will they dispose of in the old way by lime treating? I doubt it. Too many procedures for testing, moving, aerating etc.
NAG has a one stop solution. Turn up with the load and tip. MASSIVE underwater storage capacity. They’ll do the math. They’re talking a truckload every 4 minutes. Could go on but there’s too much upside to put in one post.
The baggers can spark fear with a one-line post but it is the FUNDAMENTALS that count.
Not one of the baggers has ever proven that the NAG fundamental plan is anything but smart, calculated and viable. Never. Just baseless fear mongering based on vested interest. Sure, it’s been a long wait. There are reasons for that. Every one of them plausible and credible.
If you listen to the baggers’ drivel, NAG directors are living the high life at NAG shareholder expense.
Nothing could be further from the truth. Ask yourself why the Directors are constantly putting their hard-earned into the company? Most recently the announced that they will all be taking up their FULL ALLOTMENT in the current share purchase plan.
The clues are there for anyone that has a balanced viewpoint.
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Last
2.0¢ |
Change
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Mkt cap ! $15.93M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.0¢ | $6.702K | 311.3K |
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No. | Vol. | Price($) |
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3 | 1044642 | 2.0¢ |
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Price($) | Vol. | No. |
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2.1¢ | 300000 | 1 |
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No. | Vol. | Price($) |
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2 | 59000 | 0.059 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.062 | 182288 | 1 |
0.063 | 16847 | 1 |
0.065 | 25793 | 2 |
0.067 | 70000 | 1 |
0.070 | 5500 | 1 |
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NAG (ASX) Chart |