NAE 20.0% 0.4¢ new age exploration limited

capital raising, page-7

  1. 1,381 Posts.
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    Most of the Capital raising was taken up by the the shareholders who have a major stake already. To me this is a solid endorsement that we are on a good resource just waiting to be confirmed as a inferred resource .
    Broker recommendation valued the company at 18 cents . The sellers are at 5.7 cents 30% above what the capital raising was done at and 20% above the last trade
 
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