Ann: Trading Halt, page-93

With the BHP guy on board could actually bring some connection in the industry IMO, so not totally of no value.
Those connections could bond some offtake agreement in the short term. Further, that could be more out of expect.
Anyway, in last quarter, NAE still has $1.608M cash and expected outflow $0.432M, still 4 quarters to burn.
Yet meanwhile NAE may have signed a few offtake agreements and that will certainly boost the share price somehow. In the meantime the coking coal project is in a mature stage, scoping study alerady completed.

For the JV on Tin, there will be £0.86M from JV partner to fund the development of Redmoor Resource; Total Inferred Mineral Resource*1 of 13.3Mt @ 0.56% SnEq, including; • 2.3Mt @ 1.19%Sneq of the High Grade
Very high grade Sn project and that project only could worth a few market cap of NAE at present.
GLTAH