Ann: Best gold results to date from Jumbuck, page-48

I can understand the frustration of LT holders, the fact that you still have any chance of a return is a positive. Most iron ore plays are going under so the fact that these guys still have a chance to get something happening is at least something. I have noted the admin cost seem high and once the next few announcements come out I will be querying this in an email to management. I have been a small shareholder in many a company to go into admin so I know what happens when a sector collapses.
If these guys are serious I would expect a detailed plan to be fast tracked for a cashflow pre Xmas. Cash doesn't last long but it would not take many decent drill bit hits for a larger company to come along and take them out.
Any sniff of an economic large tonnage deposit even if low grade may incur the interest of a cashed up goldie.
There is heaps of information out there if you look on this deposit and all the larger players are looking to increase their resourses.
High risk , high return play no doubt but right now everything that glitters is gold.
For now we wait.