NAE 0.00% 0.5¢ new age exploration limited

Ann: Redmoor JV Partner Confirms Funds to Complete Option Payment, page-32

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  1. 554 Posts.
    lightbulb Created with Sketch. 39
    I wonder if these guys would be interested in a JV at some stage in the coal side...

    http://www.westcumbriamining.com/west-cumbria-mining/

    The project will need funding some way and in the last valuation from 2014, it was assumed giving away 50% would be sufficient to fund the project… I wonder how that assumption would differ now given the cost reductions expected in the new scoping. I'm expecting to be pleasantly surprised by the scoping and won't be surprised by any external interest either (at least RCF is in our corner in that case).

    I'm also hoping they come through soon with purchasing more gold rights or projects in NZ, like they said their strategy was going to be; so it also wouldn't surprise me if an Ann. came out of nowhere for something like that…

    So many potentials for adding to the SP.
    Last edited by wagold: 19/01/17
 
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