NAE Chart, page-1223

I can only assume this is to do with extending it's resource study at Redmoor ...... which was just announced as being under way on 02/03/2017...

... and this may provide the explanation of why NAE's share price is struggling..... not sticking to reported deadlines.

... whether they acknowledge it or not, not sticking to reported dates is a poor reflection on management.

I was drawn to this company due to it's low Market capital compared to it's assessts but I (like many holders) are currently becoming frustrated with the ill informed Coking Coal study...

Hoping that management are going to put on their big boy business pants and start running this company with their sharholders in mind....

... only then (when the shareholders have trust and confidence in their management), we might see the share price reach it's correct value.