Anyone care to guess as to how long it will take to get on with this:
• Drilling out the existing resources at the Lerokis deposit and identified target at Meron;
• Development of other targets on Wetar island, including Karkopang, Kali Basar and Baru Manu targeting increased mine life;
• Feasibility assessment of an acid plant and gold and silver production in the baryte sands and in massive sulphide ore; • Increasing Finders’ project interest;
• The restructuring of the existing project debt facility to reflect the closure of hedges and revised cash flows for the project after attaining steady state production levels, including prepayment of some of the project debt facility.
FND Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)