NAE 0.00% 0.4¢ new age exploration limited

Ann: Quarterly Activities and Cashflow Report, page-22

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  1. 13,940 Posts.
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    Hey there, I must've missed the notification!

    NAE is a little early on & i like to have a nice holding before things start ramping up generally.

    -I like that Management have skin in the game & have put money in
    -I like the Pilbara Tenements
    -Once wet season is over, I'm expecting some aggressive exploration activities to commence & being in the Pilbara Region it should get some attention
    -Gold is treading along slowly and isn't plummeting, I'm speculating could start moving & align when the company start's @ the Pilbara tenement's

    Director Transactions:

    nae transactions.jpg

    -Pilbara Region-
    Quartz Hill Gold Project
    -1,690km2 area located ~40km south of De Grey’s Hemi Gold (ASX: DEG) & immediately adjacent to Kairos Mineral’s Croydon Project (ASX: KAI)

    Bullock West Gold Project
    -166km2 & located ~40km southwest of DEG’s Hemi Gold discovery



    -New Zealand Region-
    -New Lammerlaw (265km2)
    -Otago Pioneer Quartz (71.6km2)




    For more information about the tenements refer to NAE Website:
    https://www.nae.net.au/projects/


    Im sure the team are eager to create some shareholder return when they can seriously go at it (Unless Director's who have put their money in are fools) ! Here's an idea of how Pilbara is currently!




    -Please Note: This post is entirely my opinion only, it's purely speculation & NOT financial advice. Have to keep in mind this is an exploration company & they could hit nothing, there are no guarantees-
    Last edited by Steve98: 24/02/21
 
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