NAE 0.00% 0.5¢ new age exploration limited

Yea, if it went like that sale we'd be back at sub-1.0c again...

  1. 554 Posts.
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    Yea, if it went like that sale we'd be back at sub-1.0c again pretty quickly as the coking coal gets crossed out!!
    Always good to bear that in mind and be grounded, however I'm thinking more about the exchange rate effect on the scoping and how much they are going to leverage that to bring down the $70/t closer to $50...
    To me the risky bit in the scoping is having something good to report back about potential customers (market) either on mainland UK or the rest of Europe.
    Having customers aside, expected increased revenue and lower costs in USD terms leave me confident to hold onto the stack I have for now.
    Correct me if I'm way off with the exchange rate thoughts.

    Cheers
 
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