I do agree - with 5c being conservative. News flow: Drilling Mac Creek JE drilling approval Proceeds Mt Isa sale Quarterly, which will include drilling plan update
Fable drilling and the NT Government $200k contribution IF IF Fable becomes a JV with the 2 deep holes then that could add a few cents to the sp by itself
Today July 17, marks 28 days since the last drilling announcement and every 2.8 days equates to 10% overdue. If Mac Creek does not have landowner approval then BOD should have advised so - and with the absence of no update, then my take is the landowner has approved drilling.
There is only 1.33m shares for sale under 5.1c over 8 sellers. Bargains to be had
cheers
ICG Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
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