1) phase 1 - 2 completion - October
2) phase 1-2 results - December
3) resource update - Q1 2018
Outside of these, potential jv for coal. Meetings were progressing on this in July. Also left field in gold.
Many will criticise nae for holding these assets for so long and doing nothing. But the reality is that the economics weren't there with tin and coal prices previously depressed. Now appears a perfect storm for both. At $4m market cap it is priced at a shell. Viper gave a good summary on the projects. IMO it is a buy at these levels and undervalued. Technically it has bounced off 0.007 a number of times. 1c is currently a resistance point. There is at least a bag from here, and maybe much more depending on project updates
NAE Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
