good article in the Kalminer last week, can be viewed at
www.goldenironresources.com.au
A few interesting facts that were not apparent in the reading i have done
1. current infrastructure valued at about $60m, including decline, liscensed tailings dams, borefields, airstrip etc etc
2.Seems they have reached an agreement with local operators to toll treat their ore
GDI aspires to be in the ranks of the mid tier companies like SLR etc They have a shipload of data to compile from old drill logs and this is being processed now.
I see several positive catalysts for GDI upon listing an updated JORC from the current 160kOz results of aeromags commencement of drilling loyalty options issue
A look thru the geological report in the prospectus shows some truly spectacular grade at shallow depths. A few assays of that calibre and GDI will be looking like the next Doray minerals imo
DYOR
Am i the only one here ? lol
ps; IMO the DSO iron target is a dark horse and will be targeted as a priority for the 1st round of drilling
GDI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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