Ann: Trial Mining Permit Received for Old Pirate , page-22

re: Ann: Trial Mining Permit Received for Old... what if they come in with 6000 oz of gold in the trail mine
it colud mean 6 million in free cash flow for the month, not bad for a company trading at 130 million market cap.
also this too could brings in the tax losses to play, as until the mining lease is granted they count for nothing,
maybe even places some vaule on the ground they have as well only 33,000 sq kms.
it is like driving from newcastle to wollongong out to mittagong , up to the blue mountains & then back to newcastle. i say a 5 hour round trip.
massive amount of land.