Great presentation. I like the priorities and the fact they are being aligned with available financial resources, deferring drilling in Gundegai is prudent considering the LP and CHE activities underway.
In my opinion Lewis Ponds is the number one priority getting Godolphin up and running as a mining company, the resource is relatively easy when compared with Copper Hill East.
Copperhill East is most likely a very large Porphyry system that will swallow up our financial resources in a heartbeat, trying to drill such a vast and deep system is no mean feat. Godolphin quite simply does not have the resources and reach for such a project. In my opinion we need help with CHE. I would like to see a partnership /JV with a large experienced mining company taking the risk and pressure off us financially. What do you /others think of this notion.
I feel that management are doing a great job managing funds as well as moving the company forward in a methodical and prioritised fashion. Well done management. RED
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