NAE 0.00% 0.4¢ new age exploration limited

An update in March 2017 on the back of a rise in metallurgical...

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    An update in March 2017 on the back of a rise in metallurgical coal prices delivered a robust set of economics with a post tax NPV of US$410 million (AUD$610m today) with an IRR of 27%, 4 year payback period and 26 year mine life.

    Going forward...

    2023-2024: Between 2023 and early 2024 NAE Ltd aim to secure planning permission.

    2025: Towards the end of 2025, NAE Ltd aim to begin extracting coal.


 
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