I think existing watchers are waiting to see how we will fund our path to production, or at least a good step of the way towards it. As we have discussed before, there are a few options, sell Lochinvar, raise, borrow or fund from our share of Redmoor. I also believe a number of old investors may come back if the path is laid out clearly enough.
I also think in general that Tin gaining some street cred for future demand will actually be the real catalyst for a change of fortune. Articles like the one I posted above will surface (google) when people look for Tin projects to invest in (there are not many around) so the more of these the merrier, especially when they mention NAE specifically, not just Cornwall Resources, Redmoor or Strategic Minerals.
As far as Tin's street cred goes, we have also been seeing some additional sources of "The Tin Story" being discussed recently including the Rio Tinto presentation and from a few other stocks on Hot Copper. It is starting to get noticed imo, NAE just needs to be nice and easy to find and have all the i's dotted and t's crossed for when the focus shifts. NAE is known as a Coal focused company at the moment imo and this needs to change soon so that we can instead be seen as primarily Tin / Tungsten.
Today I also saw another big institution released some information pointing to Tin's future growth in an article posted on another stock on Hot Copper, but haven't had time to go through it properly today. Basically it pointed out that despite Tin having already having had big price increases, the real price rises will come in the next 2-4 years.
- Forums
- ASX - By Stock
- Ann: Redmoor 2018 Resource Update
I think existing watchers are waiting to see how we will fund...
-
- There are more pages in this discussion • 153 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $20K | 5M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
38 | 19505374 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 9763372 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2200000 | 0.006 |
9 | 8299899 | 0.005 |
6 | 3650000 | 0.004 |
3 | 2622888 | 0.003 |
3 | 4000100 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 2536904 | 6 |
0.008 | 3066187 | 5 |
0.009 | 1057001 | 6 |
0.010 | 5904545 | 3 |
0.011 | 500000 | 1 |
Last trade - 10.06am 26/11/2024 (20 minute delay) ? |
NAE (ASX) Chart |