NAE 25.0% 0.3¢ new age exploration limited

As exciting as it gets, page-21

  1. 614 Posts.
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    Yes we should have approx 1 mill in the bank after R&D tax relief plus will be receiving 1.65 mill for a 50% interest in Redmoor. So we should have about 2.65 mill in cash and recievables once all payments and refunds are received.

    Should only have a chase burn of 242k for this quarter so that should hopfully be enough to continue drilling at Redmoor, begin initial gold sampling and secure an interest in an advanced gold project for the next year i would believe
    Last edited by Viper21: 23/10/16
 
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