Just speculation but seems pretty well set from here
Holding Roughly half of the current Market Cap in Cash
5,000m RC drilling underway
57.80m @ 2.05g/t Au from 17.40m incl;16.10m @ 4.75g/t Au from 42.70m;
68.00m @ 1.33g/t Au from 1.00m;
36.00m @ 1.66g/t Au from 2.00m;
33.20m @ 1.46g/t Au from 25.00m;
23.00m @ 2.06g/t Au from 23.00m;
and5.00m @ 3.73g/t Au from 50.00m.
Phase 1 drilling to be followed by some kind of maiden resource and followed up with Phase 2 in October
Happy to buy any dips from this position. If drilling began mid July and was expected to take 3-4 weeks, with assay lag time around the same, we may start seeing results filter in as early as September. Put Laverton on the backburner, keep the pressure applied here and try and get a JV signed in the Paterson. Game changer. These shallow satelite pits are ideal feed for Telfer to compliment the Havieron process. Antipa have a number of these surrounding the Telfer mine in the Wilki JV
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