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2.2¢ nagambie resources limited

$17M market cap; $500M cash flow; no CAPEX, page-2

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Fibonarchery

12,525 Posts.

30/10/15

15:41

Post #: 16294390
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Originally posted by ddzx ↑

looks like the word is out

$17M market cap at 5 cents

NAG claims to have old empty mining pits in Victoria that are suitable for taking potentially toxic landfill ('PASS') from Melbourne developments if not stored below the water table

NAG have said: "Nagambie Mining has investigated whether there are any alternative large under-water sites that could accept PASS and has concluded that none exist"

the capacity is 6.2M tonnes

NAG states current disposal costs for such landfill is $140/t

therefore, if NAG can secure contracts for $80/t or $100/t , they can make pre-tax cash-flow of $500M to $620M

after tax, this equates to 80 cents to $1 per share

the relevant information is in the following two announcements:

http://www.asx.com.au/asxpdf/20151016/pdf/4323wkzg4w0b6w.pdf
http://www.asx.com.au/asxpdf/20151029/pdf/432hwrx0wzkskw.pdf

page 6 : http://www.epa.vic.gov.au/~/media/Publications/655 1.pdf

media article here:

http://hotcopper.com.au/threads/mining-news-article-21-october-2015.2620354/?post_id=16222148

good luck...DYOR

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Now THOSE are some numbers

Efficient market theory is stone cold and dead

Last edited by Fibonarchery: 30/10/15

NAG Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $15.93M

Open	High	Low	Value	Volume
2.3¢	2.4¢	2.2¢	$135.4K	5.920M

Buyers (Bids)

No.	Vol.	Price($)
3	899999	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	583069	3

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 29/11/2024 (20 minute delay)

NAG (ASX) Chart