So, just to set the scene ,only two SHrs , of which I was one of them ,attended the meeting excluding Klaus, Mark and Susmit,and four corporate suits.
There are three rigs drilling to end of March,next year ,think their having a two week break for Christmas, the drilling is being carried out by an Australian drilling company.
Assay results on Monday next week.
Maiden resource still on track for early next year, and we will be working to a JORC resource.
I asked Klaus ,if he was working off "old Belgium mining records, he said yes, less than 10 g/t left in ground.
Rand gold all in costs are US $ 600 an oz.
I asked what was the tipping point for randgold to take us out, grade and tonnage,was the reply,from Mark and Klaus.
Klaus said he had looked at other nearby tenements ,but was very happy with the one he got.
I asked if they had a favorite laboratory, he said no, they have three,to choose from and they go with the one with the quickest turnaround.
PRU will have their shareholding diluted overtime.
They had food and the bar was open afterwards, so I think they were expecting a few more SHrs to rockup.
Raider
So, just to set the scene ,only two SHrs , of which I was one of...
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