NAE 0.00% 0.5¢ new age exploration limited

haha...or the 2c sellers (trying to get executed at 2c with 1.9c...

  1. 12,874 Posts.
    lightbulb Created with Sketch. 370
    haha...or the 2c sellers (trying to get executed at 2c with 1.9c offer at auction) got conned into 1.9c - I missed this stock the first run but wouldn't dare miss this time and won't get stuck in a raise

    Near term news could come from tin, gold, or coal, roadshow etc

    In the meantime the arbitrage opportunity plays out

    As for the Redmoor Tin project, there is a real push to get this underway and into production. It's 50/50 in this project with Cornwall Resources, part of Strategic Minerals Limited, whose director Peter Wale made a presentation at the House of Commons about the Redmoor plans in Dec. Cornwall Resources Ltd is part of a joint venture between several multinational companies, is currently carrying out test drillings at Redmoor with a view to reopening the mine.

    Strategic Minerals M/cap (19$m GBP- $31m AUD)....NAE is $8m m/cap......imho here we have a very decent arbitrage opportunity on the Tin project alone....let alone the extremely valuable coking coal project it's in possession...

    See link for chart

    Post #: 24100734
    Last edited by specgoldbug: 24/04/17
 
watchlist Created with Sketch. Add NAE (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $7.175M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $1.158K 251.7K

Buyers (Bids)

No. Vol. Price($)
35 18768585 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 11288198 8
View Market Depth
Last trade - 10.07am 29/11/2024 (20 minute delay) ?
NAE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.