Ann: Update on drilling at Lomero, Spain-WFE.AX, page-5

IMO this is as golden an opportunity on the ASX I've seen in some time.

It's an existing high grade gold resource - priced at a shelved iron ore asset price / shell company price / green fields exploration price .

Depth extensions / multi lense VMS outside the current resource ?

There was 1m oz in the first lense. More if depth continues . Multiply by step out lenses .

IMO - several million oz high grade (was operating at 5 g/t and 1.2% copper ) is worth 50-60m-100 mc as a ball park for a take over .

Anyone else have any thoughts to how to value where we will be in 3 years ?

Oh yeah - we have to spend 6m euro along the way to earn in as part of our exploration . Plenty of reward for exploration dollars .