Agree, this asset has been forgotten but in reality is worth potentially more then the current market cap on its own.
Read somewhere recently that NAE had planned to be in production by 2022. Would be good to see what they plan is now that we haven't heard anything on this for some time now.
Looks like they submitted a mining application back in May 2020 but still pending
https://www.gov.uk/government/publications/coal-mining-licence-applications/coal-mining-licence-applications
Seems there is also some interest arising in UK for coal investments
https://www.iea.org/reports/coal-2020/coal-mining-projects"In line with the consideration of coking coal as a critical raw material by the European Union, some small coking coal mining projects are under development, although under challenging conditions.
In the United Kingdom, most coal mines closed in recent years. But there are plans for some new mines, particularly to produce met coal for the steel industry, as well as for export. The Woodhouse Colliery project would be the first new deep coal mine project in the United Kingdom for 30 years. Developers aim for the 3.1 Mtpa coking coal mine to produce first coal in 2022. Other less-advanced projects include: Bank Mining’s Highthorn surface mine (3 Mtpa); New Age Exploration’s Lochinvar project (1.4 Mtpa); and West Cumbrian Mining’s coking coal project in Cumbria (2.1 Mtpa)."
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.176M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $5.246K | 1.314M |
Buyers (Bids)
No. | Vol. | Price($) |
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34 | 23523486 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 6411230 | 5 |
View Market Depth
No. | Vol. | Price($) |
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34 | 23523486 | 0.003 |
18 | 23099987 | 0.002 |
9 | 10499888 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 6336230 | 4 |
0.005 | 15337142 | 18 |
0.006 | 14182817 | 14 |
0.007 | 6319283 | 8 |
0.008 | 7913734 | 9 |
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