6% for these small mines isn't too bad for me, as long as we start getting ore out of the ground!!
The big question I have on Golden Forty is will it cross the 250koz threshold for ERM to get a 40% stake - i don't know very much at all about the calculations but we seem to have siginifacnt drill results scattered over a sizeable volume and still open in multiple directions which would have to give us a chance of getting there.
Ann: Further High-Grade Precious and Base metal mineralisation, page-11
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