I got the same feeling aswel that they are waiting and willing to invest when opportunities arise, probably sooner rather than later!
Personally, I am not really supportive of this, surely the return on investment they are looking for is available if they drill the hell out of Boda and the surrounding tenements? I think they know enough about Boda now to accelerate the drilling and even drill a couple of holes where they think we might find gold!
If/when we JV Boda, we want to be in the strongest position possible, we will only get to that position by drilling, drilling, drilling and plenty more drilling!
We highly likely have 10 - 15 years of income at the minimum from Tomingley, we can afford it, oh, and $100m+ in the bank for a rainy day
Ann: Results of Meeting, page-11
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