re: Ann: Dargues Reef Gold Project - Robust a... dont want to...

re: Ann: Dargues Reef Gold Project - Robust a... dont want to rain on your parade but thats just a scoping study. Personally I find the CAPEX at $20M on the light side considering they need a decline and a mill.
More info would be good on how they came up with those numbers
also the drill intercepts seem mainly around the 6 gram a ton Au mark which seems low for a UG development, although the steeply dipping nature of the reefs will make mining a cake walk.
I would say the scoping study results will generate interest and the company will then go ahead with a rights issue IMHO.