NAE 0.00% 0.5¢ new age exploration limited

Ann: Lochinvar Metallurical Coal Project Overview, page-33

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  1. 600 Posts.
    lightbulb Created with Sketch. 97
    The asset had a book value of 0.
    When the news hit the stock price surged but then was sold back down to basically where it started.
    Scotland/UK don't really want anymore mines.
    Hopefully they can sell it but by the time they get organised it will probably be worth nothing.
    Yer I know very negative but these guys are yet to finish anything.
    If Im right Im right if Im wrong and this is a success im retiring
 
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