NAE 12.5% 0.5¢ new age exploration limited

Ann: Half Year Accounts, page-4

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  1. 479 Posts.
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    Drilling at Lochinvar will most likely require additional funding, which I believe will come from a JV partner or big investor rather than a CR by the look of it.

    Redmoor should not require any additional drilling as our resource will be sufficient enough to decide wether the project is feasible or not.

    Otago is still in the very early stages and is not costing much to keep our permit so don’t see why we would drop it so early.
    If we come across gold then most likely we would need a CR to fund it, but our SP should be higher by then if Otago actually proves to be true
 
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