Cheers Suga yes I do understand the potential size of our FE play all I am saying is the valuation can only be done on what the Co Geo has signed off on. So our target resource is now 1.5-2 billion tonnes and down the track this could be alot higher but I suspect the valuation will be done on the current JORC and the current estimated Target resource. The potential of a straight up DSO with shallow depths and excellent grades will definitely work in our favour imho.
Cheers Advisor.
Given gold is now approaching $1600 per oz (with many analysts predicting $2000 by years end)it would be nice if the Co would give as an update on what they plan to do with Mt Celia.
LCY Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
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