So I'm going to put a value in nae.
100m tonne JORC- 50c a tonne. 50m-20c per share
Scoping study showing 1m tonne a year production for low capex and $50 margin at today's coal price- NPV approx 150m (ultra conservative)
70c share
CURRENT SHARE PRICE 4c - EV- 5m
Upside is huge and risk is tiny at these prices
So I'm going to put a value in nae.100m tonne JORC- 50c a tonne....
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Mkt cap ! $10.71M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $646 | 129.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 13636597 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 10139128 | 8 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NAE (ASX) Chart |