GAU great australian resources limited

just to add - everything is A ok with the resource being there....

  1. 2,619 Posts.
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    just to add - everything is A ok with the resource being there. Basically it is just a confirmation of what they already know, but Doyle is saying that the technician they got to analyse the latest samples was a monkey. So there will be a delay while they get an experienced tech to do the job.

    Just while I was chatting to him privately, I asked him a pretty general question I ask most MD's about whats in store for the next 6 months. he says we'll definitely have more results from Morokweng months and very likely 30-40mt platinum JORC.

    The broker from DJC at the presentation was super impressed as well.

    I get the impression from him that the tenements that GAU has snapped up are really quite incredible for a company of its size.

    Oh - another question I asked was how much soil to reach the nickel at Morokweng. He tells me that based on the drilling it is from 100 metres to 300m.

    No open cut obviously, will be a shaft operation.

    And yes, I remembered to give him a pat on the back for his mention in the Australian the other day for IFR. He is miffed however that they got the market cap wrong, its actually $1 billion :P

    Happy shareholder right here.

    Cheers
    -Cali
 
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