I went to the miners expo in Canberra last Oct where everyone(involved in NSWLachlan Fold belt etc) from GravityGRN, GCR,CBH,MAR,MCO,HEG & ~5 others to NewcrestNCM put on a 20min promo of their company...... and I must say it was Gravity's show that seemed to impress most people (~150) they did a very successfull rights issue and their current nett cash/share backing is about 22c!!
The business model seemed to be they have the exclusive right to the falcon technology of which they have first right of refusal if something is picked up and BHP has some sort of other rights if they hit a "monster" orebody.
I bought 25K@51c not long after... but with 22cnett/share backing I'll hang on...If the business model works in time this co. could do very well.You have to have patience!!
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