NAE 12.5% 0.5¢ new age exploration limited

Ann: Quarterly Activities and Cashflow Report, page-16

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  1. 8,981 Posts.
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    The scoping study, from what we discussed, has been completed. They engaged ASX to release it but they were rejected as the resource is "inferred" and as such can't be released under ASX rules. So the document remains internal for now, although gary assured me that he has engaged with their lawyers to see what parts of it can be released to market. He also assured me that they were very happy with the outcome and definitively decided to push on with the project based on the numbers. The metallurgy was part of the same report so was fruit of the poisonous tree accroding to the asx.

    I may reach out again today to see how that is progressing regarding getting something to market.
 
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