Subs you can keep pumping Gary’s tyres all you want but the reality he has delivered nothing over a long period of time. RCF put in money at 1.5c when this was trading at 0.4c, I call that a significant effort to avoid dilution and maintain their holding on the company. The market picked up and they raised some money at a decent price so was no need for them to participate again having stumped up previously when no one else would. Booming markets for coal and tin and no results im sure they’ve had enough now.
Gary sits in an office in Melbourne while the strategic minerals team do the work, he doesn’t promote the company and all other projects are dormant. What balue do you think he is adding for $300k per year?
NAE Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
