I think they have only gone for the small starter till they finalize the feasabilty study and keep their options open. They have a lot of mineable profitable oz imo. Shallow/oxide ready to go. Boorara looks like the uplift could make it a very significant deposit. Current mcap is only 42mill, probably one of the most unvalued goldies atm given the assets. Nimbus is also probably a development opp with silver at over $28AUD/oz.
Ann: Investor Presentation February 2020, page-8
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