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1.9¢ nagambie resources limited

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Wellington1815

81 Posts.

43

14/03/19

11:05

Post #: 37758296
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Originally posted by rur: ↑

Thanks Chief,

Why didn't you highlight the other part;
How are these initiatives proceeding??Suppose its just easier to issue more shares..

'The directors have assessed the current cash balances available to the entity, along with the operating and capital expenditure plans and expected obligations over the next 12 months. They are mindful of their obligations to ensure that there is adequate working capital available for operations and in this regard the following initiatives are being planned to improve group income: 1. The Company will be tendering for the management of the PASS material in the Melbourne Metro Rail Project Tunnels and the West Gate Tunnel; 2. The Company maintains stockpiles of gravel and rock products from the East Overburden Dump and is tendering for all contracts within reasonable trucking distance; 3. The Company is establishing a dry screening operation on the Heap Leach Pad to produce rock aggregates and rock sand for concrete manufacturers; and 4. The Company is planning to establish a sand and quartz aggregates operation at the western end of the West Pit to supply to concrete manufacturers."

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Geez i would be worried if I was a shareholder!
Better sell your holdings old chap!

NAG Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 1.9¢		Change 0.001(2.78%)		Mkt cap ! $15.93M

Open	High	Low	Value	Volume
1.8¢	1.9¢	1.8¢	$201	11.00K

Buyers (Bids)

No.	Vol.	Price($)
5	576242	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	10000	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 - 13.58pm 22/11/2024 (20 minute delay)

NAG (ASX) Chart