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12.5% 0.5¢ new age exploration limited

Ann: Positive Redmoor Study Results & Re-commencement of drilling, page-8

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  1. Subs
    3,892 Posts.
    lightbulb Created with Sketch. 945
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    28/05/18
    11:23
    Post #: 33333799
    Yep, a non-producing mine and 70% ownership purchased for $26 million... After throwing $2.9 bil at the new project I can see why they wont be focusing on this one. Question is, where does that leave our Lochinvar Coking Coal Asset's value?

    coal.JPG
    Last edited by Subs: 28/05/18
    NAE Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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