Whilst i agree with your summary of managements performance.. and SP speaks volumes - mgmt have previously disappointed.
Saying that.. NAE is a different value proposition at 1.2c now that sentiment is turning... compared to 2c when investor interest was clearly waning.
SPP was poorly conducted.. crap raising price and not tipping in a single cent themselves showed contempt.
Can't say that mgmt have suddenly been keeping shareholders updated.. but maybe at least they have been listening -- and make a better fist of promotion and informing next time around.
Underlying assets still have considerable potential.. tin is a great place to be.. and their gold assets have a AA address..
Market in spec stocks post june 30 are also showing life.. and NAE at these levels is well worth a look imo..
Last time sentiment turned.. multi-bags were on offer..
NAE Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
(20min delay)
