Seguela still headlining their early stage exploration plays for the moment with a maiden resource of 5.8Mt at 2.3g/t for 430,000oz of gold at Antenna which looks to be reasonably well defined now.
They'll have to improve on that to get a mine off the ground IMO. Still early days with more regional exploration starting now. The royalty should start being worth something if they can get over a million ozs and a viable mine plan. Wouldn't be surprised if NCM don't end up selling Seguela to a smaller company in the end if the size doesn't stack up. Maybe PRU?
Esh
AOP Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
