I don't remember the following quote from website ..Feysville .. first paragraph ,
" The project is strategically located between a number of under utilised gold processing plants, providing low cost development options for any resources discovered at Feysville."
Some sort of partnership @ no cost to shareholders perhaps . A cash stream for Koongie development . Higginsville is too far , DIO are 3km's to North , and SLR are further north still .. yet more ambitious , as DIO are in takeover limbo .
Maybe quote was always there , yet no harm to speculate IMO. ( I value all input , up or down ramping , upset with company or directors , anything relevant or not )
Keep up the good work ,IGO , Hang , and other posters .
P.S. Further speculation (i'm probably wrong and IGO4IT will correct me ,re:grades ), CBH have a similar , yet larger resource ,and similar grades , South of Port Hedland , and they are talking about going underground , same as AAR Koongie Park ,and so I am watching to see if they go ahead . Problems there too as they are in merge mode with PEM ...
AAR Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
