I think if they think and do good planning and under stand their results and geology even if not deemed sucessfull drill results they will find enough gold to mine in the end. Degrey/ dgo spent a huge amount of time some may not realise so much. There is a lot to learn from all results.
A key point on the recent price fall is people expecting far too much far too easy.and it's partly reflecting a gambling style of investment . They have plenty of money to keep exploration going strong and have the right attitude.
The presentation was well spoken and going in the right direction I think. their is some very good points. If you have seen the other presentation from peers in the area . I can see they are Doing it right. I think some companies have poor results and give up far too early on projects . And comparing basin's I think mallina and surround basins in the pilbara have a lot more on offer.
KAI Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held
