Hopefully a nice Monday morning announcement/update.
~$4M cash is in the bank.
$14M spending on Myall to start any time.
Everything should be ready to go and just need to announce rig booked (unless booked and waiting for some/any confirmation for anything/anyone) and when drilling commencing, etc.
There's no reason for them to be slow as they have a lot of funding now.
They did go pretty hard when they had cash with all those deep holes, and only slowed down when cash started running out.
I think they'll go hard at Myall and FMG will spend more than the minimum $1.5M per year.
Copper price also breaking out.
Gold price around all-time highs.
$80B Major onboard and finally got their crown jewel grounds (Myall).
MAG have plenty of hits already and a starter resource.
Adam has the system figured out.
MAG has actually never looked better?
Cheers,
GB.
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