Takeover the project. Always wanted to, but never had the right...

Takeover the project. Always wanted to, but never had the right connections. In today's world the cost of mining, especially underground is through the roof & Old Pirate is an underground project. That along with the isolated location of the Old Pirate, Golden Hind, Buccaneer, means transport & infrastructure costs are very expensive. ABU/PRX had the opportunity, but through ignorance, arrogance, no expertise & down right deceit by some on the BOD at the time it never happened. An example of this was one of the ABU AGMs where it was all good news, the gravity circuit mill was up & running, grades were exceeding expectations though a new primary crusher was going to be looked at & the circuit required some minor tweeking to further improve the grades. ( 86% plus recovery at the time )This was all stated at the AGM. What happened the following day/week? The Board of ABU announced that instead of treating the ore onsite at the fully owned gravity circuit mill they would build a 70 Kms road & pay $3 million to refurbish the Coyote mill with an option of a further $2 million to purchase the same mill. ( that never happened, they gave it back to Tanami Gold for free ) One of ABUs directors was also a director on the Tanami BOD. Draw your own conclusions. All of this was reported to ASIC, but we all know what happened when they dealt with the big banks & insurance companies before the Royal Commission. Their reply to some share holders was it was all to hard. Anyway, just a bit of history for the newbies.