NAE - Fly anytime, page-236

Latest top 20 register provided on the 4/8/20. didn’t want to post while holders were still accumulating but have seen our main shareholder cease to be a substantial holder, so thought i would share.

Highlighted colours show companies linked and holding within the top 10
Yellow are mainly management and KAI, (joint management).
After todays announcement, looks like KAI has decreased their holdings by 50M on market.

Has anyone taken notice of this sale on market or was it just another transfer into another holding. I seemed to have missed it last week, but will be interesting to see if KAI no longer want to be part of NAE or they have just split their holding through different entities.

Todays announcement seemed to be a lot of “fluff” but did show some very encouraging sample results, which what looks to me along their anticipated target path. Gives some confidence that we are on the right path and potentially looking towards a targeted drill program in the future.
Rock chip samples at these depths don’t usually make or break a company, but will provide some indication of where we need to drill.

Still have plenty of money in the bank and hopefully management with some skin still left in the game.

@CentralOtago you have been waiting for these results a while now. What’s your thoughts and are you still holding?