Is anybody else concerned that they didn't say how much this will cost?
Shouldn't the cash at hand be used for exploration at the existing gold project or where the rock chip samples at Otago a flop?
I've experienced this before were results were poor so the announce the new strategy before potentially announcing disappointing result.
Does this also mean they will need a CR soon to explore either project assuming Otago wasn't a flop the cash available will be limited based on the latest announcement I would have thought?
Hopefully rock samples come back highly positive and we have two projects to focus on but it's certainly going to require a lot more capital.
Hopefully the run continues tomorrow. GL
NAE - Fly anytime, page-90
-
- There are more pages in this discussion • 232 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NAE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $38.34K | 9.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 31416497 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 20537889 | 27 |
View Market Depth
| Last trade - 15.09pm 06/08/2024 (20 minute delay) ? |
| NAE (ASX) Chart |