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agm - any one go - perspectives?, page-6

  1. 216 Posts.
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    Just got back from the AGM. They are very positive about the drilling and Juno and are sure there are multiple pods in the area. It seems they have a professional outlook, good plan to move the company into production and the skills to do so with the newish board. It seems the schedule of work is quite intense at the moment with drilling before and after xmas with a diamond rig and 2 RC rigs. They expect to release a constant flow of results akin to the ones just released over this time. The best part about it was that they see themselves as no longer explorers but are totally focused on getting production going in the area.
    Interestingly a reasonably heated question about their hungary investment was asked (heated because the guy felt shareholders had been kept in the dark over it) and the response was that the amount invested was expected to be returned in multiples due to possible corporate activities they couldnt talk about. Time frame on this they said would be 12 to 18 months.
    Tanami wasnt mentioned.
    I got a good impression from the meeting that they were actually working and from the grades coming out it would be hard for the project not to get off the ground.
 
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