I would look at NAG no one seems to follow it, it has a cap of around $5M intends to fund its future gold venture, through rock sales to contractors for Victoria roads. Tenders by contractor to Vicroads allready approved and Nag has the only viable quarry close by for the roadworks with most rock allready crushed from mining. Should make around $4 a ton on rock sales of around 2 million tons over the next year or 2. Intends to use the money for CAPEX to heap leach low grade ore, allready has an existing ML approved Chairman is ex beaconsfied boss. It represents around 0.5 of 1% of my portfolio as it is a specy.
EVG Price at posting:
9.8¢ Sentiment: None Disclosure: Held
