There shouldn't be financial information in this announcement....

There shouldn't be financial information in this announcement.


Lochinvar has been mentioned as having interested buyers in a recent announcement. But more than likely that will not occur till after Brexit. Seems pretty obvious.


We can also fund Redmoor with our 50% share as a last resort.


The PFS is being discussed between NAE and SML as was mentioned in the previous quarterly. They also mentioned that we will likely see another partner at Redmoor to provide some significant funds. - Again pretty obvious that will be needed.


So the best case scenario is as follows:


1.Sale of Lochinvar to provide short term funds.
2.PFS begins
3.Partner is brought on board, possibly diluting NAE to 33% but providing funding to bring the project through to advanced stages.


The gold project in NZ is also of interest, despite some efforts from posters above to make out that it is not. The latest results were very interesting and should results continue to be positive, there is a nearby gold mining company that could be keen to pick up the tenements = more money.


Plenty of options left. Don't let the OBVIOUS manipulation or negative posters here lead you astray.