NAE 0.00% 0.5¢ new age exploration limited

Ann: Lochinvar Scoping Study Update, page-44

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  1. 614 Posts.
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    Not really much in terms of major announcements but afew things still due to come. Permits for gold aqusition to be aproved within 2 months as well as potential for new more advanced gold project in NZ.
    Payment from R&D tax relief and rest of payment for JV of Redmoor.
    Drilling at Redmoor to comence begining of 2017 as well.
    In my opinion i dont think it is the announcments that will influence the SP but the increase in commodity prices as well as investors interest. NAE has been well oversold in my opinion and is beginning ining to recover. Our projects are starting to look a lot more viable now that they were at the beginning of the year.
 
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