The emergence of Mr Broomhead as a significant shareholder is validation the commercial process is viable
What is required now is strategic planning.
Garry Morgans age would late 70s He does have sons who need a future
The process is know how which is difficult to protect
One site say Bamboo Creek would establish the process and if the trial yield is achieved by the process it would be a revolution in gold production
If it was a known known that there were number of other prospects which could using the process deliver similar results an option would be to auction these prospects with an agreement to license the technology etc
This would be way to maximise short term cash return
IT would allow the development of a number of sites in parallel while the know how is valuable
Haoma could still work on the process for the Pt group metals +_ rare earths
Charliegold
HAO Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held