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35.3%

2.3¢ nagambie resources limited

New No 1 World Gold Producer, page-39

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Wellington1815

81 Posts.

43

24/01/19

16:09

Post #: 37214499
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Originally posted by mogga: ↑

You make some good points Wellie and there is a growing focus on the Central Victorian goldfields. Taking control of a company like NAG would be a very interesting proposition - there are about 1000 shareholders with the majority of shares in what one would consider "safe hands" and many of those SHs would have had a couple of opportunities to sell at 20-30c in the past couple of years.

NAG is also in a fairly unique position insofar as it also has a PASS activity it is pursuing which may be worth substantial amounts over the next 5-10 years as it fill its pits with 6.2 million tonnes of PASS it hopes to get from various public works projects in Victoria.

Fosterville has certainly been a game changer for Central Victoria - and NAG had the foresight a few years ago to recognise what Fosterville was all about and set about securing well over 2000 sq kms in the Waranga Region.

Augurs well for its very patient shareholders

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I agree Mogga - the pass situation is another amazing aspect of this well run company! Too much to like about it. But I do LIKE Gold!

NAG Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
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ASX Market Close: ASX closes above 8,400pts on green Wednesday | Nov 27, 2024

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(20min delay)
Last 2.3¢		Change 0.006(35.3%)		Mkt cap ! $15.93M

Open	High	Low	Value	Volume
2.0¢	2.5¢	2.0¢	$306.8K	13.37M

Buyers (Bids)

No.	Vol.	Price($)
3	510000	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	499999	1

View Market Depth

No.	Vol.	Price($)
4	378333	0.060
2	59000	0.059
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.062	182288	1
0.063	16847	1
0.065	25793	2
0.067	70000	1
0.070	5500	1

Last trade - 16.10pm 27/11/2024 (20 minute delay)

NAG (ASX) Chart