The 26 line just keeps getting refilled, day after day, soaking up the impatient holders. We’ll eventually be left with a core 25% who will demand quite a lot for their holdings, if anyone has thoughts of making a cheeky bid
The MRE at the end of the month (hopefully) should be rather eye-catching.
They intended to do 772 holes of RC and DD, but finished with 1,526 holes over the 3 tenements but mainly the other 2 tenements. 16 plateau targets vs just the 3 plateaus (only 10% of total) at Minim Martap, which make up the current 1billion plus MRE
Lets hope it’s up to scratch, but the mind boggles
Makan is virtually equidistant to Martap IRF, and the Ngaoundal tenement is only 5km from the railway station down the road.
And they have a 2 year option for purchase of another 1,000 wagons……as well as doing work on Alumina refinery in-country, in partnership with leading global refiner…...
enough…...
CAY Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
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