Ann: Redmoor 2018 Resource Update, page-122

We are going to need a constant and steady news flow to keep attracting buyers to clear all the overhead supply that keeps appearing every time some buy orders show up.

For a junior, it's too long between drinks for many investors it seems and the 39% free float available (mostly underwater I suspect) seem to use the opportunity to clear the .oo9 lines and above when the bids build up and it's available to do so. With little buying pressure, those small sells continue to be able to hold NAE down.

Only way to flush them out is to have a more consistent steady news flow to create some market enthusiasm imo, otherwise, it may well just be more of the same. Can't help but think the approach here by management is that the 'market will catch on eventually' - Of course, that is only my opinion, but I feel I am yet to proven otherwise.

Maybe the market will catch on, maybe it won't, but at this MC - we'd likely get a better response from the market by appointing a Strategic Advisor to find a new acquisition for us.... many shells out there have a higher MC and have nothing or very little to show for it.

Market works in mysterious ways, or does it? all I know is we need a big flush out here to remove some stale holders and rejuvenate the register. A rejuvenated/new appointment to the board would help too imo.