NAG 35.3% 2.3¢ nagambie resources limited

New No 1 World Gold Producer, page-6

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    Some interesting data on the Top 4 Gold Producers eg Newmont (now to become No1) has a Market Cap of $32B, Barrick $25B etc. Newmont's Free Cashflow is $1.6B and Barrick's is $1.02B - huge numbers but very little is paid out as a Dividends - 1.6% and 1.3% respectively.


    I don't know that we could expect interest from these Giants of the Industry just yet ?? although Good Assay results could change that very quickly. Fosterville would be on their radar with the results they are getting one would think and maybe smaller gold explorers, especially with large areas of EL's - that would include us based on that criteria as Omero said. The likes of Newcrest risk being left behind so there is also a possible flow on affect that way. 



    https://hotcopper.com.au/data/attachments/1408/1408741-716f605c8948abee60ad607f41c13f54.jpg

    Last edited by JetBlue: 15/01/19
 
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