Whether or not these character assassinations are true or not, whilst entertaining, is a complete indictment on the board for not putting out an update in over 2 months. Looks like some are having to entertain themselves in the absence of new information.. As @Nodferatu as rightly pointed out. The timing for bulk commodities has actually been quite favourable, so this makes any lack of information Re Lochinvar even more frustrating.
However, @moneybaggs, I say if you really have that sort of experience or clout, then you need to speak with the Non-Executive directors not the MD. Possibly Allan Broome or even the Strategic MD. Tell John Peters, the MD to buy us out lol.. Contact details below
(http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SML/13166808.html)
As the announcement rightly pointed out though we should be very close to Redmoor drilling results... Cash should be ~ 1.5m, (1.6m Mar Q- 432k Cash Burn June Q + 300K placement). So It's still on an EV of a nudge over 3m and even lower if we consider the Redmoor Cash (about 1-1.5m depending on drilling costs). So Let's call this still very undervalued on 3m EV. So with Redmoor and the valuation discount alone is the main reason I am here.. I still think we are worth at least 2c
PS this might have been posted before but I was obviously trying to search for updates, but this was all I found.. Apols if so
http://www.plymouthherald.co.uk/tes...ungsten-mine/story-30253359-detail/story.html
https://au.linkedin.com/company/cornwall-resources-limited
- Forums
- ASX - By Stock
- NAE
- What next???
What next???, page-17
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add NAE (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $4.914K | 1.203M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 40760297 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 21376929 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 40760297 | 0.004 |
37 | 21668388 | 0.003 |
19 | 26912599 | 0.002 |
12 | 42300000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 20483595 | 24 |
0.006 | 10231140 | 9 |
0.007 | 5640733 | 6 |
0.008 | 3162500 | 6 |
0.009 | 2354709 | 15 |
Last trade - 10.55am 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
NAE (ASX) Chart |