They are doing what the said they would. They will aim to double Blue Spec resource to 300,000oz by mid year, test high grade extensions of Blue Spec East, and then see if these new targets have high grade potential.
they will probably take a decision on preferred development options by mid year and get the financial, regulatory and equipment ducks in line by the end of the year. They are well funded.
At this stage 2008 options look best value.
angus
NWR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
