NAE 0.00% 0.3¢ new age exploration limited

Ann: Positive Clean Coal Results for Lochinvar Me, page-2

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    re: Ann: Positive Clean Coal Results for Loch... these are good results, I actually thought the yields could be low in order to try and reduce the sulphur content but thats not the case

    nine foot seam looks particularly attractive. hard to believe its trading at an EV of $2-3m

    will have to wait for the scoping study but I'm guessing the economics will be very attractive, low capex, low opex with UK offtake partners to get invoived also
 
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