NAE 0.00% 0.5¢ new age exploration limited

Yeah bud I'm sure he gave you a call. Probably to congratulate...

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    Yeah bud I'm sure he gave you a call.
    Probably to congratulate you on how many shares you bought.

    As per the ann and not Mr FOMO here.

    Initial activities to be re-commenced on the Lochinvar Project include an assessment of the market for Lochinvar coal focusing on European steel mills and an update of the Lochinvar 2014 Scoping Study results which gave an NPV of US$263M based on a HCC benchmark price of US$165/t and average annual saleable coking coal production of 1.4Mtpa. These activities are expected to be completed early in 2017 Q1, along with a review of the next steps required to advance the project to the next phase.
 
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