NAE 0.00% 0.5¢ new age exploration limited

Cash on hand, page-19

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    Yes, WLF's funding is an issue with them relying on RCF but i do remember a while back talk about NAE using WLF's plant for processing. With WLF's tenement being much harder to mine and lower grades, it would make sense for a possible takeover or some deal for NAE to use their plant.

    Capex for a plant would be significant and require much more funding which we do not currently have. So using their plant would also be in the best interest of current shareholders in my opinion to minimise further dilution.

    Either way, we know the grades and size of resource is their. So hopefully management can make the right decision and get us into production in the near future.
 
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