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12/05/09
11:12
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How in the hell did this company score this?
an already producing 100,000 ounces a year?
Amazing. Likely to be a massive rearating here. I just bought to hold and hold and hold.
HIGHLIGHTS
Company refocussed on developing the Konongo
Gold Project into a +100,000 ounce per annum
gold producer.
Option to acquire 70% of the Konongo Gold
Project, with ability to move to 90%.
Past production of 1.6 million ounces at a head
grade of 11.8g/t gold.
Existing JORC Resources of approximately one
million ounces.
Significant infrastructure including a 350ktpa CIP
gold treatment plant.
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