petey 888,
A lot more drilling needs to be done at groundrush to properly define the resource.Currently it is open in all directions .the 1st 6 months of drilling last year found 500,000ozs plus.It could be that the orebody is much bigger than first thought.My thoughts it could be as much as 1 or 2 million ozs.Remember the Groundrush pits and all others in the near vicinity are just over 100m deep so there is considerable scope for additional resources at depth.
I believe we wont see the BFS for another 6 months at least.
They will definitely need more money by then.
Watch out for a capital raising very soon.
PS I think your $50 million Plant star tup figure is too high.
It will more likely be $30million as the existing plant is in very good condition.
petey 888,A lot more drilling needs to be done at groundrush to...
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