Yes, going long with MDI, IMO, is the only way to go, probably...

Yes, going long with MDI, IMO, is the only way to go, probably the smartest thing one can do, if they are not trading.

Based on announcements to date, We already have plenty to keep the Processing Plant cranking for at least 8-10 years Minimum, the below are all shallow open pittable deposits, most are no greater than circa 80m deep and fairly slow strip ratio.

• Plum pudding
• The Ridge
• Mclaren
• Mcintrye
• Two Mile Hill
• Shillington
• Wirraminna
• Goat Farm
• Twin Shafts

Say, after 10 years, the economy recovers, central banks lift rates and money starts flowing out of physical gold, that is good news for us, we'd have amassed a war chest of cash and could easily acquire some of the stranded open pit deposits within a 50km range. That is assuming our AISC is low, which it should be as the capex for recommissioning the plant is fairly cheap and we already own all the supporting infrastructure. Plus, just the nature of the deposits, Rick Basically repeats the following for each announcement of the above deposits. 1+1=2?




I use NST as a peer comparison, not in the sense that i think we are the next NST, one can only dream, but for the analyzing the path they took during the last gold bull market, while the entire market was fixated on gold exploration and high grade drills, NST did bugger all exploration, they acquired a few small gold producing assets cheaply and were able to expand capacity on a few of them, made plenty of money during the run up, had plenty of money to keep powering away during the bear market and look where they are at now.

MDI = set and forget, check 12 months later.