...I doing think that any of the current projects have anything...

...I doing think that any of the current projects have anything to do with the  share price pull back,  I think the thing driving the price at the moment is the capital raising back in November 2016 @ 2c.

There are potentially  69.2 million + extra shares which need to be sold above 2c.

for this reason I think we will see the selling stop below 2c, and anything (far) below 2 c will be good buying.

Straight after the Capital Raising the share price broke upwards out of the long term channel

We have noticed big sellers selling all the way down from 4c to 3 c to now the CR 2c.

So she might sit in this channel around 1.9 to 2.1 for a while, but once we have churned through these shares she should start going back up to reflect the projects.


Many others (including most recently AVZ) do the same thing, going up after a capital raise, and then drop to the to CR price before going up again in a controlled manner....



Currently NAE has broken below the long term channel and is in oversold territory.

Lets start the churn..... might even see a bit more volume too which would be good.... Get some new interest and investors in.

Does any know when this presentation Road Show is scheduled for ?

Also it would be great to see another brokers report on NAE possible from Beer & Co.