Possibly another RCF loan may help provide initial funding to get production started. NAE would be pretty stupid to sell the remainder share of Redmoor right now. The $10M we may receive now if sold will be worth much more if the project is taken up. Also more importantly it will provide an initial cashflow which we can use to develop our other projects.
Ann: Redmoor 2017 Phase 1 Drilling Update, page-123
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Mkt cap ! $7.175M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $1.158K | 251.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 35 | 18768585 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11288198 | 8 |
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