Obviously not the announcement we were hoping for, but they are vectoring in. Exploration is a difficult and expensive business. For me the important (and good news) is that Newmont have met their stage 1 minimum commitment and confirmed that they have elected to proceed with the sole funding of the Phase 1 Earn-In of the $15M Bauloora Joint Venture. Deep pockets = only a matter of time.
Just my 2 cents worth. Good luck to all holders.
Ann: Assays Returned at Bauloora and Portfolio Drilling Update, page-2
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