This amount of cash should be enough to prove the resource size and if it is >1.o billion tonnes then what price WGO???
Probably >>> $1.0 per reconstructed share.
They still only have a small no of shares on issue and therefore still tightly held.
Terry Streeter's Jungle Creek are a very supportive cornerstone investor and IMO the future for WGO is very bright.
2 billion tonne hematite target with $7m cash , page-2
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