NAE 0.00% 0.4¢ new age exploration limited

So I'm going to put a value in nae.100m tonne JORC- 50c a tonne....

  1. 517 Posts.
    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
 
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