NAE 0.00% 0.5¢ new age exploration limited

Ann: Quarterly Activities and Cashflow Report, page-68

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  1. 8,981 Posts.
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    obviously i think there is a solid future here. I'm a big holder (albeit doesnt take much) and im doing what i can to light a fire under their ass as i see the major flaw as communication. these projects and possible upside are a very good platform, if we were like some other companies we could easily pump the speculation and hype. alas, the massive pauses between news and the question marks over funding will force many to move on. IMO opinion 1c and under is very very good buying as a pump will come eventually for an epic swing trade and establish a new investor base to risk off and possibly even free carry if needs be (although i see a 3 bagger easy just to reflect value). the LT holders will see this differently no doubt but im still accummulating and pushing management to start telling the story. the MC is just too low and a correction will occur once the story is told to the right people in the right way.

    of course we have somethings working against us. redmoor is underground and in a historical but no current mining jurisdiction. obviously the resource will need to be substantial and the community on board. both of these things are being proven or developed... just a little more patience... bit still a risk element.

    tin and coking coal remain completely unloved by the markets. this will change in time but its like fashion trends, it looks and sounds stupid until everyone is doing it. like the investors pushing lithium today... sure there is money to be made but folks buying gxy, pls, sya, kdr etc 4 years ago are now 10,000% + not chasing the measly bagger here or there today.

    So we're are definitely in no mans land with bugger all news, limited funds, two established but yet to be proven projects and some bad sentiment hanging around....anyone of these could turn the SP skywards in a second. so classic turn around story or cautionary tale it is up to the individual investor to decide. however for my money i really like the projects and suspect there is alot going on behind the scenes that should get us moving very soon. im prepaired to sit here and wait for the market to arrive rather than chasing the market into the next fad.

    as i said I'll push where i can and ensure that the family here as updated with more appropriate and timely information as i agree that management seem to have forgotten us.
    Last edited by blister: 26/05/18
 
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