On infrastructure: a new mining lease was granted in January this year, which is contiguous to the existing ML containing the main resource/reserves, and obviously intended to be used for the placement of mining infrastructure, for example, waste dumps, processing plant, tailings storage facilities etc.
That would indicate that at least a scoping level study has been completed which would have been used to justify the application for the ML (MLA).
That information would be interesting for other shareholders to consider prior to accepting what appears to be a very low-ball offer.
Mr Wallin is arguably the most astute mining entrepreneur in Queenland and probably not on occasion the wealthiest individual in the State (including Mr Palmer) because he gives value away.
Big Vein South and its associated deposits are, as you stated earlier, the best gold reserves' "discovery" since Mt Carlton. In my view, they could even be better than Pajingo. Time will tell, but it would be fairer for other investor/shareholders whose equity may soon be compulsorily acquired, to have some of that opportunity realised in the QGOLD's offer where, currently, it is not.
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