Member Info for leapfrog

With regard to consolidation and money raising,I think NMG has sufficient funds to go forward beyond production, As for consolidation not for some time and the chances of consolidation recede into the background when we start producing. My interest is the future of the sp,Most invested here expect considerable upside in the sp especially when NMG goes into production In the background is the possible sale of the Austrian asset? The sp at a fifth of a penny is for nothing. lol

Oh dear your back ~ rude to people ! ! check out your own history~ Even the word I use for you "Troll" is an insult to the intelligence of a troll. What was it ~you know best. Your better researched than anybody else. Suffering amnesia or sheer crass stupidity. You are an insult to a troll. Anyone who does not see that has only to go back into your history.

Agree they are buys the sell is a little over a point off the buys and quantities are tight.Nevertheless the sp will begin to move as more information comes through concerning the ops., start up which is some weeks away although other news is expected in the short term. In terms of additional value RNS adds~ An advanced prospect which includes 5.8 km of underground development and over 25,000 metres of diamond drilling · Existing Soviet Resource (non-JORC, C1, C2 & P1 Soviet Reserves & Resources) of: o 460,000 oz gold ('Au') at an average grade 4.63 g/t o 740,000 oz silver ('Ag') at an average grade of 7.3 g/t o 50,000 t copper ('Cu') at an average grade of 1.57% o 130,000 t lead ('Pb') at an average grade of 4.13% o 150,000 t zinc ('Zn') at an average grade of 4.7% · 30 ore-bearing zones identified with peak mineralised widths of 23m and grades up to 55g/t Au, 253g/t Ag, 21% Cu, 28% Pb and 35% Zn Significant expansion potential has been demonstrated by previous work - existing resource relates to a limited area on strike with mineralisation extending to the northeast and south David Garedji lies close to the Company's Bolnisi Copper-Gold Project ('Bolnisi') which has total mineral resources (non-JORC) of 980,000 tonnes of contained copper; 6.6 million ounces of gold and 22 million ounces of silver, also in partnership with CMG. Makes the sp for nothing at some point the sp will bounce.

I picked up another million which shows as a buy directly into ISA,fair amount of trading numbers today. Slowly interest builds.

If you cannot answer your own question by understanding and reading the RNS deliveries then I suggest something is wrong with your investment understanding demonstrated by calling Greg K MD when he is CEO and asking a BB to answer a question which should be directed to him. I should think almost anyone invested here could easily answer value for money chapter and verse.

Damn apologies wrong board

Just a thought that the silence is kind of deafening, News will be some 4 and a half months plus since the last update,presumably many things have happened in that time. Based on the B2B continuous business growth the rate of progress for the income KPI if it has in any way gone remotely exponential I would have thought has bought some offers to the table to take this small MKTCAP co., under the bigger wings of a major.Whats more I cannot see any negotiations being looked at below a factor of 3.5 for the sp, simply because if BOOM have got it right then it becomes a cash cow.Problem is how do you price progress ? Assumptions made.

They were acquired at just under Ask,what that deal should do is allow the sp to stay where it is for a while before falling away slightly until nearer the time of production.Unless of course a more comparatively high number deals hit the books when the sp will rise. Or the POG goes through the roof.

A .03p spread some 75 million shares bought with only 5 million sold augers well for a decent future sp as NMG moves forward to its planned production date. Appears we are slowly,very slowly,coming on to PIs radar.

POG looks like its about to break above US$1335 level so the charts expect a further run to the 1350/1370 levels with a couple of fall backs in between. Difficult to assess where the POG will begin to affect minnows forward instead of just firming the price

Very high grades ! · Existing Soviet Resource (non-JORC, C1, C2 & P1 Soviet Reserves & Resources) of: o 460,000 oz gold ('Au') at an average grade 4.63 g/t o 740,000 oz silver ('Ag') at an average grade of 7.3 g/t o 50,000 t copper ('Cu') at an average grade of 1.57% o 130,000 t lead ('Pb') at an average grade of 4.13% o 150,000 t zinc ('Zn') at an average grade of 4.7% · 30 ore-bearing zones identified with peak mineralised widths of 23m and grades up to 55g/t Au, 253g/t Ag, 21% Cu, 28% Pb and 35% Zn prospects of 55gt GOLD rare to see such a high figure. Further news will be out shortly lets hope we have a more defined start date .

A placing was bound to come one way or another a little annoying but obviously required.The sp is within a couple of points of the placing price .14p and was well over subscribed.I would expect the sp to fall back a little. The important news is the start of production is confirmed as Q3 2016 .although we do not have any finer details once that date is announced the sp should start to add weight.

Having read Trading View chart predictions it is possible if their predictions are correct we will see a lower sp here for a few weeks by some 3 points to the range of .12p to .14p against that is the sp is already silly cheap for what we have. Also an argument against the lower sp is the coming news concerning verification and valuations of our slice of the pie.add in possible start of production dates and we should have a rising sp. Check out my last post on KRS if further details wanted. Assumptions made.

Rereading the latest RNS ~ We are expecting a number of drill results and agreements completions for the processing of the ore with 2 mines all of which should be coming together in the next few months.So it seems to me NMG are gearing up for a strong rate of production. JORC definitions in place mean we would have the capacity to raise funds if necessary from local sources Presumably all NMG would have to pay for the uplifting and transportation of the ore to the mines to begin with.Then the mining process will be paid for as the ores are processed,with payment direct to NMG by the mines once ore is processed. So far all indications are that we are on track for Q3 production Assumptions made.

Looks like international financial woes will be the next headlong on the horizon especially if moodies think about down grading our credit worthiness.If this happens GOLD will start to gleam and our sp should move on that premis is alone.

Whilst the overall market is down by nearly 300 points circa 4.5%.We are up 8.5% so all good.

The price to deal is 0.15p evens not as shown here 0.10/p0.15p

Salient points from most welcome news ~ one of 17 advanced targets that have been identified by the Company across the 861 km2 Bolnisi Project AND the 'word massive' is used as is the word secondary with regard to Gold mining.The copper is also underneath the gold.which explains why gold is the first target although the secondary aim. As it is 'Assessing Potential for Near Term Copper Production' Initial drill hole has intersected massive sulphide zones with evidence of pyrite, chalcopyrite, bornite and covellite, as well as extensive zones of breccia with a predominantly sulphide matrix and disseminated copper (‘Cu’) sulphide mineralisation The Company expects to finalise production and processing agreement with its local partner in the coming weeks  Infill drilling at the Kvemo Bolnisi gold target is continuing - a further 14 short vertical diamond drill holes (circa 350m in total) will be conducted before an upgrade and expansion of the existing soviet style resource is prepared  Completed an 11 hole diamond drill programme at Tsitel Sopeli targeting near surface gold mineralisation - final core being prepared and sent to the laboratory for assay Exceptional news which just builds on the asset base,we can now look forward to being given production dates as NMG ' expects to finalise production and processing agreement with its local partner in the coming weeks' Also 17 new targets? interesting. Pleased I added shares yesterday.

POG is fluctuating around the US $1250/$1290 it is probable if POG sinks lower that we could see NMG sp going lower as I think the 0.0145 deal was a purchase if the price lowers some of us will be building substantial holdings.`the sp represents in old terms ! just under an eighth of a penny, if all the recent RNS are read including those delineating assets which are JORC compliant equivalent plus new assets also being defined then the sp is for nothing. The 6.6 million plus ounces of gold in situ are worth considerably more than the mktcap.. An extremely remote possibility is Zirjinn could be looking at NMG

Quoted JORC compliance as per the Australian definition for obvious reasons I know reserves are part of the resource but invariably are always changing in this case I believe for the better. As for acceptance or non acceptance of the Russian definitions ~ ~ 'In a similar fashion to the more commonly used international standards (JORC or 43-101), the Soviet system assigns reserves and resources to classes based on the degree of reliability based on the various stages of exploration. A, B, C1, C2 and P1 reserves and resources can be matched to the JORC and 43-101 categories.' It can of course be argued that assets,resource,reserve have zero value until resourced which is almost the situation here. The Russians looked at both Copper and Gold hence I quote the 6.6million ounces of gold assets etc., So JORC compliance is existing although being confirmed. No comment on your experience with any standard. With NMG the trick will be in getting out at the right time to step back in later. Assumptions made.