15m needed to purchase Indee mid next year. A bit more needed for the venture south of Indee, plus 10-20m for processing plant. Present market cap 10m. How are we ever going to find the funds needed? Possibility of huge cr. A joint venture may be considered. We are also a very attractive t/o target.
A lot more gold to be found here as we are only scratching parts of the surface so far.
Next year or 2 will be very interesting.
Ann: Contiguous tenement secured - drill tested targets & nuggets, page-21
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