My current thought to why we haven't heard anything for months is the "potential" sale of the coal project. Selling it brings in the money to really push a major drill program in Pilbara and or new Zealand(depending on this years drill results). Not selling will end up with them having them do another CR in the next 12 months. Until that is sold or partially sold they have no idea what money they actually have to push projecs forward. Hence the announcement silence. Just my thoughts. Could be wrong.
would be nice for them to realise the coal information (sold or not sold), then the csiro results, then NZ drill results.
They won't be silence for ever. Questions you need to ask yourself. Are you willing to wait? Or will you regret it if you get out?
NAE Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
