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
You make some good points Wellie and there is a growing focus on...
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