Haha, not sure what ya doing on the Terrace as that's were all the crims hangout,lol. Got a bit of respect from the night the fibber got caught with his pants down. That was a funny one.
Not sure about the price, maybe 4.5c or more. 5+ with some interest from rand and convert some options and drill the guts out of the place. Seems to be littered with gold. Infill on the soil anomalies and keep throwing rods down. The must be a few million ounces here. I don't think many people get it just yet but DRC is the postcode to be in with a big find if you want to monetise an asset. Kibali is going to need a new oxide source eventually as 7.2mtpa sure chews through the dirt. I think if you are an investor in this climate you really want to have a couple of multi million ounce potential specs in the LT hold category.
Not sure about Mondays price action, I think a few people need to read the last few announcements and work it out for themselves. It's all about strip ratio for me and a large envelope from surface sure does keep the upfront capex down and give you a lot of blend options for the high grade cross cutting sheers.
All good.
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