bulk test results a massive 140% above jorc %, page-6

"So why are you calling this a buy at this price, without the backing of a DFS ? "

Dont know why Brenden is calling it a buy at $3.40 - But Hoots is calling it a buy at $3.40 because O.W paid $4 and $3.80 for their 20% holding in the the company and they made their decision based on the what they viewed in the data room and 6 weeks on site due diligence at Cloncurry and the Gold Coast.

Strangely enough they seemed unconcerned by the lack of a DFS for their $140m investment ? apparently they would even like to go increase their holding to 30% !

Cheers Hoot