Im hoping on my Chalice Gold company becoming a partner with STB. All West Perth based; all directors have years of experience in the Kalgoorlie region.
CHN have $52 million in the bank, but may have too much exposure to Eritrea. In my eyes, it ticks most of the boxes.
Who knows! We should have a greater insight next week.
I have to go do some proper work.
It is to the benefit of Australia for Oz explores to seek capital and mine development from other Oz coys. Otherwise its too short sighted. Actually the govt or Oz banks should be in on the whole African scene. This is a massive project and Aust should not sell out.
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