Ann: Research & Development Funds, page-4

Yes, the entire Board seems to be remarkably well-connected and highly regarded, and I think they have been very pleasantly surprised at the quality and range of local and overseas projects that have been bobbing-up for evaluation.

This week, as part of the overall strategic review, I believe the Dormers have been up-country kicking rocks at Yuinmery.

So I was interested to hear Rob Ryan, MD at Rox Resources, speaking so confidently on Rox' Youanmi Project at the RIU Conference yesterday:

It is a high-grade resource. When you look at the gold developers on the ASX, we’re comfortably one of the highest-grade developers and we have the scale of ounces to be able to justify a stand-alone development.

That's all music to the ears of folks who hold the ground right next door and sporting 7km strike of the regional Yuinmery Fault.

Certain to be plenty of JV suitors for Yuinmery, if that's how the cards fall.


Whatever's afoot, management has plenty of skin in the game here, so I think we'll all be well looked after.