NAE 33.3% 0.4¢ new age exploration limited

Ann: Redmoor Tin Tungsten Project Update, page-123

  1. 270 Posts.
    lightbulb Created with Sketch. 50
    "SML has put a fair bit of money on the project so they are no going to cancel phase 2 for the sake of two more holes...."

    "I wouldn't be so sure of a takeover- I have huge doubt that even stage 2 will proceed in which case the whole redmoor project is on ice"

    "stage 2 is definitely no sure thing and it's not a project Nae has any control over"

    I guess in the next few weeks someone is going to have egg on their face.
    If it's me I'll be on here to apologize & congratulate you on your great wisdom & for sight. Time will tell.....

    Oh so your saying that with only 50% ownership NAE has no control over Redmoor?
    This I'm understanding from the last listed quote

    I'm still a novice
 
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