Sold chance market cap will double from here to around $20-25M. in these types of stocks at the moment, the company will be approached by a few stock broking firms to offer stock to sophisticated investors, they get their cut. The company should/could offer about $4-5M ~2.2cents. This would stop any enquiry about capital raising, set a floor on shareprice, fund additional drill programs. Very positive outcome in this market.
if this doesn't happen NAE has funds to do initial survey in Pilbara (no drilling), may find a partner for free drilling yielding a % of selected leases. Current money should mainly be applied to drill a few lines in Otago, lift the share price by success. I think Otago is a given for prospective drill locations in the next few months, this will be exciting.
Have to have a position on this stock, in this market momentum.
(ps could sell coaking coal in UK, or share with partner, with approvals and actually develop for a left field company maker)
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $6.5K | 1.624M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 33999964 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 18989845 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 33999964 | 0.004 |
34 | 19735055 | 0.003 |
18 | 25212599 | 0.002 |
12 | 41200000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 18989845 | 25 |
0.006 | 10231140 | 9 |
0.007 | 5640733 | 6 |
0.008 | 3162500 | 6 |
0.009 | 2354709 | 15 |
Last trade - 10.06am 07/08/2024 (20 minute delay) ? |
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