NAE 0.00% 0.4¢ new age exploration limited

"that cap ex of $229M US is just too high imo for this Coal...

  1. 95 Posts.
    "that cap ex of $229M US is just too high imo for this Coal project to be taken seriously at this point
    as I said when this ran from 1c to 3c easy money run happened now company will need to prove itself"

    @strauss

    I disagree. Based on the scoping study the profitability index is good. you cant just use capex without the NPV which is over $400m. On top of that the UK sterling depreciation will lower overall costs as well.
    Last edited by Merrilands: 28/03/17
 
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