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When more people buy as simple as that ! It is not being held back so it is not a case of letting it go.
The present market cap around £6.5m does not represent a fair value for our company.
Looks like we will be moving up shortly.
Steady buying by those that see the growing value of our company and the significant upside potential for the SP over the coming months.
Agreed Ant86
Yes bigger and even more upside potential for the longer term. Great news further transforming our company :-)
It's possible of course Mr Bezzer, I don't consider the market is giving us a fair valuation at the moment that's for sure.
I agree Aldaniti, we are still not on many peoples radar in my view.
Yes it was and it should have had some positive effect in my opinion.
All very true Leapfrog and to add to that the potential of increased resources as further exploration is completed over the large area our licence covers in an area known to be rich in minerals and precious metals.
POG holding up above $1300 and if the upward direction continues it is perfect for us, so close to initial production.
We should clearly be higher than where we are now in my opinion. As Greg has made clear we have the licence to mine, the facilities for processing are there and it pretty much a case of getting diggers loading the trucks and sending them on their way and revenues will start to flow.
The POG continues it's advance and with production here now getting closer is just what we want.
It could well come any day now I would have thought and as long as everything is going well as is as expected (I'm not aware of anything to doubt that) then I'm quite confident we will soon see the SP moving back up beyond the recent highs. In my view we are still very cheap at this level. The recent drop has given anyone with funds who wanted to add at this lower level that opportunity. The signs for the POG are still strong at a market cap of less than £6m there is plenty of upside to come.
I very rarely post on LSE nowadays, I tend to post more often on ADVFN. However I do have a look from time to time at posts over here of companies that interest me, as NMG does where I have been building a holding over the last few months, since the acquisition of Bolnisi. Those that invested back as far 2011 at much higher SP may well feel pretty sore but that is the risk we all take when investing in an exploration company. If it goes well early investors may do well if it does’t then not, that's the risk we all take. The situation for NMG now after acquiring Bolnisi put’s the company in a completely different position to what it was in prior to this acquisition and in my view makes an excellent opportunity to invest. The previous time exploring in Austria has little bearing on where we are now although of course I assume those sites can be revisited at a later date. Anyone understanding what went on such sites when under the Russians will know that there are some very valuable sites that have become available to companies recently and it looks to me as if we have acquired a great asset. I would add that from past experience I expect the Russian numbers to prove up VERY well to JORC standards as well, adding to my confidence at investing in NMG now. If our BOD do take us into gold production from Bolnisi in the second half of 2016 as expected then in my view we are incredibly cheap and NMG presents a very good investment at this time and the POG moving the right way at the right time as well. There is a substantial gold resource that can clearly be mined very cheaply and then hence profitably and we have the mining licence in hand as well. All good news in our favour. Regardless of all the new shares that have recently been issued the market cap is still very low and in no way represents the value of our assets in my opinion. Comments about this being a lifestyle company is typical of the sort of comments that come from those that are sore and trying to discredit directors because they invested at the wrong time and do not have the strength of character to accept they got it wrong. They thought they were going to get rich when they first invested but are not prepared to accept responsibility for the decisions they had made previously which turned out to be wrong. NMG was an AIM explorer, it is now and AIM near term miner which is a completely different investment proposition. There is still risk but a lot less than there was previously and at a very attractive SP/market cap. Being unable to take a loss on the chin without being a bitter and twisted individual does not show a strong character or one to be respected in may view. I’m pleased to be holding a decent holding (for me that is) in NMG and I expect to make a decent return over 2016 but if it goes wrong I will have nobody but myself to blame and I certainly won’t be posting bitter and twisted comments on here if it does not go to plan. Good l
We need detail and timescales on the BB project in Romania now which hopefully won't be long and that will give people the information they require to see what a bargain we are at this level. It looks a very likely we will have two mines producing in 2015 which will see us transformed.
I originally thought so but gave him the benefit of the doubt. Now I have no doubt so best thing to do is filter and ignore as he has nothing constructive or of value in his posts. Trolls always best filtered and ignored.
Good Research Castaway, well done.
What I would like is some more "meat on the bone" regarding Baita Bihor from the looks of it we have got an bargain there, gives us more interests in Rmoania an EU country and by the looks of it a mine that can be brought back into production in a reasonable timeframe. That is the news I'm looking forwards to now and could well be our next news. We could then find we will have two mines in production next year which will transform our company and with it we will see a much larger market cap. At the moment the market wants to see more signs that we will be moving from explorer to producer in the coming months. The upside from here is substantial in my view we should see a SP several times this derisory figure over the coming weeks and months.
All he is doing is trying to get in cheaper.......but a RNS on progress at PP or some more meat on the bone about Baita Bihor and he will have to pay a lot more. News on either could come at any time and then I'm quite sure we will be a lot higher than we are now. Lots of small sells but they appear to be taken up by the wiser investors in larger buys.