Tin is a 50/50 JV so peer comparisons give it a 12 million dollar valuation, so 6 million is NAE the other half to the UK partner, tin has been projected to get to $30,000p/t in 2017, but again we must use peer comparisons for present value.
The last coking coal scoping study had Hartleys give a 8-10c price target, as long as coking coal stays above $130p/t, with China putting an end to dumping steel in the European markets and cutting illegal production I'm betting coking coal will be in a healthy price range.
The best man in NZ is heading our gold project, the cost? $150,000 so gold won't be valued into the MC for a while.
11 company announcements in November and now a drought, never good for the share price.
NAE Chart, page-542
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