Excellent announcement today with further increase in resources at Kundip being part of the Phillips River project - resource drilling continuing prior to completion of the feasibility study next month - likely start to production before the end of the year - should be a very robust project with annual production of 70k+ ozs gold equiv. for 5yrs+ - giving this company a second profitable operation - hence the optimism shown by Directors to start paying fully franked dividends in Mar04.
One of the very few gold/nickel stocks not to fall today and with good reason.
Do your own DD as being a Top10 shareholder I'm very biased.
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- feasibility study coming next month
feasibility study coming next month
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