The company is cautiously optimistic that they will be successful with their lease applications for tenements surrounding Oxley. Given that Ardmore is the number 1 focus for the next 12 months, it is great that the company is getting things organised for Oxley to ramp up in towards the end of the year. It is plausible that Ardmore and Oxley will have green lights on for full production in 2024/2025. Go long and stay strong. We will be there before you know it and dividends are likely to exceed the current share price thereafter.
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centrex limited
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3
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