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CLA Lachlan Fold Belt Gold HOT HOT HOT, page-59

  1. 12,533 Posts.
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    Not without an announcement with some substance.

    An 8 or 9 multiplier due to proximity with ZERO gold right now & only 6 million in the Bank WILL NOT bring a project into production.

    Good money for management as they look like hey are ding something, but really just spinning the wheel ...and around and around she goes, where it stops nobody knows (but management will still draw a cheque).

    Looking for more than a promise this time to remedy the last lot of farcical events.

    LikeI said earlier I hope there is another announcment to follow with some meat on it.

    What level of dilution / costing are you factoring in to close that gap, or are we going to hit the mother load with nominal drilling.
 
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