I am not an expert on NAE and don't know the history but from what I've read the company has a history of picking up a project, mucking around for 2-3 years and then abandoning the ship only to pick up a new shiny toy then and repeat and rinse. So just a way to keep milking shareholders and keep the management in the job.
If they have exciting Pilbara Lithium projects, why no urgency to drill and show what they have?
Yes this coal project excites me and watching with interest from the sidelines.
Unless they appoint a "doer" with some runs on the board , I think it's all smoke till then.
Ann: Pilbara Projects Drilling Confirms Gold & Lithium Potential, page-83
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