Well we know Dr Hennigh is keen to explore down dip to build shareholder value that way, rather than just start mining the edges like his critic constantly suggests.
So that means a decline is the next obvious step. But where?
Perhaps from Purdys. DL would be keen to find out if the thick Comet Well bottom layer is present on the JV land, down dip. If its there then its a sure fire way to get some value put on ARV.
Perhaps the decline would follow the conglomerate down, the "spoils" being processed at Radio Hill at commercial rates as an interim measure until a "real" plant is built with the appropriate capacity. That way the up front costs are shared and some gold recovered funding ongoing exploration etc.
ARV now has the cash to be a participant.
Will watch with interest.
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1 | 500000 | 0.004 |
Price($) | Vol. | No. |
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