NAE 0.00% 0.4¢ new age exploration limited

Had a chat with Mark today, our investor relations for NAE. Was...

  1. 614 Posts.
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    Had a chat with Mark today, our investor relations for NAE. Was good to chat to and recommend for any shareholders with any concerns.

    my take from the phone call was

    - Lochinvar is costing us minimal to maintain but still a priority to obtain a partner or sale of the project. Company has come close previously but nothing signed. Still a focus to progress either avenues but more interesting projects going on in other sectors to spend efforts.
    - Otago very under rated and is creating plenty of interest over in NZ. Local support from the community and no political/greens issues foreseen that may prevent mining in the future. Plenty of research and time spent by NAE team and a sleeping giant for the company.
    - Pilbara is the main interest at the moment with crazy interest by institutions and funds trying to get in on the action. 1 drill rig currently on the northern tenements with plans to acquire a 2nd drill rig to further exploration over our large tenements parces.
    seems as if the approach is to get in and drill as soon as possible.
    - CR could not provide much information as still not finalised but doesn’t seem to be a neighbour company such as DEG, but instead more a institutional play on board.

    overall chat was very encouraging and it appears the team are busy over multiple projects with plenty of interest increasing. Very common for companies to capitalise on a CR during a strong uptrend . Let’s see what they can bring out of this and hopefully further progress multiple tenements and keep news flow frequent.
    plenty of potential company maker projects within NAE so it will take some money to see any to fruition.

    good luck to all holders and look forward to the future of NAE.
 
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