When you say higher grade @Rogue Trader, do you mean something with existing reserves/resources? Ie more advanced than the 2 exploration plays we have which are greenfields? I bought into MOH for the near term potential of production, some risk insurance effectively, but I'm particularly excited about the theoretical potential of Empress Springs where the geological model raises the (highly speculative) possibility of containing the equivalent or more of the whole Croydon goldfields.
Moho ‘one of the undervalued ones’, page-12
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