This was in the AFR today. They look like they are promoting it now, as most punters have not noticed how good this deal is and the fact that they now have the time and money to keep drilling on Southern Star..
Interesting they had several major gold companies looking at it, so it shows there was serious interest and probably competitive offers. Large players are not here for a small deposit, they want 5 mill ounces plus. Just look at De Grey, M.Cap of $2.25Billion at 7mill plus ounces and multiply by 25% our share. Not saying we are the same yet, but trying to give you an idea of what a large discovery can look like for a small junior without diluting by offering more shares each time you want to drill. $15mill dollars later we will know what we are sitting on.
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This was in the AFR today. They look like they are promoting it...
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