NAE 11.1% 0.4¢ new age exploration limited

Ann: Spectacular Grade Intercepts at Redmoor Tin-Tungsten Project, page-63

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  1. 3,892 Posts.
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    Not so sure he will need to poke his head over to say hello...

    Next question, at this point in time would Strategic Minerals be happier if NAE can continue to fund their share of development at Redmoor? Or would they prefer us to have to sell down our holding percentage to cover our share?

    I'm keen to hear some news out of the new management team re: Lochinvar sale to provide some cash, but if that doesn't come about we don't want to have to be raising again at these prices. Seeing how the trading panned out after the last announcement it would seem someone is keen to keep NAE's price low, but if it isn't the play of someone interested because of the benefits we could bring to a re-opening of the Wolf Minerals Drakeland's Mine, then who else would it be and why?
 
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