NAE 12.5% 0.5¢ new age exploration limited

Ann: Positive Redmoor Study Results & Re-commencement of drilling, page-56

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  1. 3,892 Posts.
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    I have also commented on this previously. ie how much will Gary be able to hold onto.

    I think the biggest opportunity will be when everything is set and ready, if Tin/Tungsten/Copper demand has risen even higher (as I believe they will) there may be quite a few organisations looking to secure supplies, not to dis-similar to Lithium/Cobalt at the moment, and willing to put in the money to secure offtakes or the like and fund the project. Prior to this, funding from Lochinvar, raising and if necessary some dilution of the holding to keep us in with as big a percentage as possible is a small price to pay.

    A portion of a Juggernaut is still worth a lot more than a $4mil MC...
 
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