As exciting as it gets, page-33

They don't need cash with over $1m and also and $1.5m approx likely coming from SML in a couple of months but they decided to give us a presentation anyway!

Why is this?

I think they are preparing the market for some news.

What news?

In August we were told this

NAE has undertaken a significant review of a number of opportunities both within Australia and overseas. This has culminated in the identification of New Zealand as an area that has a significant gold mining history, has been under explored and also contains a number of gold project opportunities. These applications mark the first step in NAE’s strategy to build a portfolio of gold assets that can add material value to shareholders in current market conditions. Several other more advanced stage NZ gold projects are currently being assessed by NAE


I think the market is going to be hit with some amazing news for a $6m company to add to the tungsten, tin, coking coal projects