In 2015 NAE found high grade coal in "Lochinvar Schematic Mine"
How ever management took a decision to postpone coal production due to low coal price on that time.
If this mine will work it out NAE market cap will jump sky high.
We can see coal price is been improving over the years.
It is a matter of time for this ticking time bomb will explode
I wonder it is 2018?
Good luck for long term holders!
http://nae.net.au/projects/united-kingdom/lochinvar/#Introduction
In 2015 NAE found high grade coal in "Lochinvar Schematic Mine"...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $1.158K | 251.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 18768585 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11288198 | 8 |
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| Last trade - 10.07am 29/11/2024 (20 minute delay) ? |
| NAE (ASX) Chart |
