In hindsight, drilling the last 2 holes at Mt Lamb blew say $2m, including assays - money that would be very useful now.
These 2 holes were added to the program and other holes were not drilled.
Hindsight is a great thing - if you can use it to better the future.
Anyway, its done and we have to live with what we have now - a roll of the dice for Fable and JE Q1 next year hopefully.
Once the OC's expire at end of October [ouch] then many punters will have a tax offset against any other gain.
But come November, we have a clean sheet and BOD are free to make a JV deal - be it Peru or Mt Lamb - without the options clouding any deal.
I learnt a long time ago that holding a grudge does no one any good and if posters can make a positive contribution then they are most welcome
cheers
2023 - the year for ICG, page-1308
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