Rather than looking for another mine they should be concentrating of spending their treasury on drilling out their resource at Henty.
Their key stated objective is to increase grade to the mill to what it formally was, that is going to require a bigger drill program than they are currently doing I feel there are plenty of targets along strike from where they are currently stoping.
Or do they feel the mine is run out of gold which was the reason the previous owner sold think it was Barrick.
These guys have had a history of taking what are considered great assets (kangaroo flats) and not getting a lot out of them.
Just an observation and only have a small holding.
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operational update from goldstone., page-42
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