My feeling is that NAE have been very smart in their Pilbara tenement selection. They have not only captured lithium but also the core areas of known high grade gold reserves. This is supported by the great gold drill results the neighbouring companies have been getting. KAI is case in point. NAE are not based in WA and two progress their Pilbara assets they will likely need a dedicated WA team,, so naturally suited to new spin off listing. Knowing the Pilbara area well this is one new listing that I would be more than happy to invest in big time. why you may ask ,, the Chinese are already sniffing around the other companies in the corridor so why not NAE once they have proven up their resources.
NAE Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)