NAE 12.5% 0.5¢ new age exploration limited

Ann: Positive Redmoor Study Results & Re-commencement of drilling, page-77

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  1. 3,892 Posts.
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    Not really Realbarrow. You seem to believe by your "hate list" comment that the way some here have portrayed my posting in order to discredit me is accurate. Lots of manipulation of what I said in some replies here. Depends if you choose to interpret my post yourself or take others interpretations on board I guess. I think it is a shame, but of course your choice.

    "But Nod wanted opinions"? If you want to give your opinion, give it. If you dont, dont. Surely you didnt post just because you were told too?

    The point you make on how much of Redmoor we will keep is one I have discussed a number of times. Maybe you dont read every post, but I have said that Gary needs to hold on tight to as much of it as he can. As for your belief that Gary doesnt have anything up his sleeve, why would he not just go straight to a raise? NAE have indicated that they are very confident that they will have the funds, so why get another 3 months from SML if a raise is their only option? Gary has said specifically that Lochnivar talks have recently progressed, why else would he need another 3 months? Your thoughts?

    I think some here believe that a raise now would fail. Lots of seeds of doubt have been planted on this forum. But holders shouldnt be gullible, the last raise was branded as a "failure" and now it seems some think a new one would also fail... Do some just not get the way the raising limits work or something? The retail portion last raise was squashed, that is obvious. The second part was very limited in size due to the yearly restrictions, but was also very successful and oversubscribed. There is no reason to think the same would not be the case now.

    Nod said that it would be difficult to get more money via a raise under 1.0c? I completely disagree. Why would they be happy to buy in at 2.0c, 1.5c but with more project progression and value in those projects they would now scoff at a cheaper price? I dont think so. Sure big instos have rules to follow, but thats not who our raise would target. Our targets would do some due diligence and see dollar signs at this Market Cap, with these projects imo.
 
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