AS1 5.88% 1.8¢ asara resources limited

Toega (1.1m oz) bought for $45m by WaF, page-17

  1. 1,675 Posts.
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    GMR is setting up for a big move north IMO!

    A very good gold endowment at 1.4Moz of nice and soft 'at-surface' mineralisation. The JORC update in Q2 will likely propel this to 2Moz+ whilst still be open at depth and along strike.

    The new Chair doesn't muck around either and his track record means he has joined the team with some goals and a vision of where the company will end up. The Directors put in $180k of the last $480k raise, this bodes very well for confidence! there is nothing like putting your own money where your mouth is in the exploration game.

    A junior WAF in the making...
 
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