After thinking about it, the NAG “reserves” and the 2400 km2 of Exploration Licences is what makes it a standout takeover target.
I believe the IP results are the principal attraction to suitors.
IP has proven itself at Kirkland KLA.
IP doesn’t just work anywhere. Worked at KLA.
NAG has scarily similar geology. IP works well there.
I believe it was Mogga that said it was like the parlour game Battleships.
It’s pinpoint where the mother lode is on the IP model hotspot.
We’ll know more from Thursday’s Quarterly Report.
Hopefully, well get an assay result and some drilling progress reports.
If it quacks like a duck...
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Last
2.3¢ |
Change
0.006(35.3%) |
Mkt cap ! $15.93M |
Open | High | Low | Value | Volume |
2.0¢ | 2.5¢ | 2.0¢ | $306.8K | 13.37M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 510000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.3¢ | 499999 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 378333 | 0.060 |
2 | 59000 | 0.059 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.062 | 182288 | 1 |
0.063 | 16847 | 1 |
0.065 | 25793 | 2 |
0.067 | 70000 | 1 |
0.070 | 5500 | 1 |
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NAG (ASX) Chart |