NAG 35.3% 2.3¢ nagambie resources limited

Time to get on the bike, page-11

  1. 1,233 Posts.
    I have just spent half an hour on the HC site reading posts on one of the larger (resource wise) oz lithium companies, gearing up to mine.
    It is a real bunfight, with posters attacking each other, backbiting, and a heck of a lot of the home & away type, dribble.
    The mods are in there pretty regularly too, trying to tone it down a bit, and keep things a bit civil.
    I much prefer, our quiet patch of the paddock.

    One of the larger contentious issues, atm, is the Offtake Agreement for Spodumene concentrate, and could management have made a better deal, resulting in less dilution, for current shareholders.
    Another point is where is the money coming from, to build the mine & required mine infrastructure.

    Contrast their financial and offtake requirements, and all that generated angst, with our very modest requirements.

    I know which I much prefer.
 
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