Someone recently mentioned Hanimaa to me as well but I cant get a feel for it, apart from noting its the third commercial potential hit along the 20 km structure which runs parallel to a similar geo structure hosting someone else's 6 mill oz deposit nearby.
If u read the preso u also note they are finding nuggets there too so will need tonnes of drilling to properly define u would think.
Nevertheless if the veins are defined and u can spot the flecks in them u just mine along them. Very early days there but sure throws a different light on UPSIDE potential based exploration / new resource definition. Can understand the geos delight in head scratching trying to asses a potential elephant as this.
And if THEY reckon its too big of a potential elephant needing a (major?) partner to help, well mucho shizen bros, this is a BUY now cos the EV on their other stuff, which is also early days and sexy is about one quarter the peer group average per IG ounce and makes even douggy's estimates look conservative haha.
My call all along was 7.3+ break for next launchpad creation zone 10 - 15 based spot POG with 30-35 looking further out on market ACCEPTANCE of their conservative looming realities. Aint changing my tune. Launchpad is almost upon us and POG will do the rest beyond one would think.
DRA is hence a core smsf stock for mine with likelihood of dividends from 2011 onward once they get the c-notes outa the way and now at T+3+ for the trading trigger confirmation as well, so what can I further say except buckle up and look to the POG for 1000+ breakout to fuel it even more.
The little red dragon is in full flight finally.
IMBOOC
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