Cash on hand, page-21

This is the section i was referring to from a while back.
Difficult to say if NAE may take this approach and all is just speculation at the moment but would be nice to see it happen.

"Like Drakelands, Redmoor has a long history. Suffice it to say, a review of all the available historical geological, mining and exploration data has given rise to expectations NAE could be closing in on a high-grade mining scenario, either in a stand-alone treatment plant, or in a toll treatment deal with Wolf.

On that latter point, it is worth noting mining-focused private equity fund Resource Capital Fund is a big shareholder in both companies — 35 per cent in NAE, and about 41 per cent in Wolf, where all the money has already been spent for it to become a producer. So if there is merit in the pair talking to each other about a toll treatment deal, it’s “London to a brick on” RCF would want to see it happen.

Importantly, early work at Redmoor is pointing to its mix of tungsten and tin being of a much higher grade than what Wolf has at Drakelands, with some copper thrown in as part of the bargain."

http://www.theaustralian.com.au/bus...t/news-story/fc6903e8f70f8b73507d5c1533c9c4ce