When I look at half the shite on the ASX flying on possibly hitting some cobalt, lithium or gold, I can't understand why this is sitting at $3m Mcap. Redmoor looks like it could be a beast, and as discussed coking coal is flying and set to increase. These assets can not be valued at around $2m (minus cash we have). I understand that this has dragged on for years, but Redmoor is a matter of months away from a JORC. Sell now for nothing and cry later.
NAE Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
