Morning all. @Wado87 I will assume that there are people that are still digesting this ann. The next stage was to be processed leaving the balance unaccounted for. Now we have all of the remaining Or for JV being processed simultaneously which will provide the last of the profit from the JF JV. The money will be in the bank early next year leaving us free to concentrate on the next projects. This is also being executed at a GP of over $4,100 so the margin is a lot higher than anticipated and only improving.
I have my mind on a few possibilities in the very near future.
1. Grade control drilling at Munda but also, I want to see what the HG at Munda is connected to. As I have been parroting on about here since I visited the site is this following pic. Can you imagine finding extension to this and what effect that will have?
2. Spargoville future drilling given that John Utley is quite encouraged by what he is seeing there in the fluids.
3. Any potential projects that are being bought to us because we have the bucks to progress with them and the phone is ringing as Mark has said.
4. If a project of size was on the table we could also get the opportunity to participate in a CR if that were to eventuate.
After all we have entrusted the BOD to manage the funds to date and they have done a superb job, so why not back them further if the opportunity were to arise.
I do wonder what the next ann will be but look forward to seeing the money rolling in during this time of rising gold price.
Kind regards, Wack.
AWJ Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held
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