Howdy Token83,It does seem crazy. At 0.24c per share cash...

Howdy Token83,

It does seem crazy. At 0.24c per share cash backing, the gold discoveries and Ularing are currently valued at around 0.05c per share.

The problem at the moment is there appears to be very little action. There was supposed to be a JORC update last December and a PFS completed this Quarter. The latest announcements have ignored these timelines.

I completely understand that the deep DD needed to be discontinued on the basis of excessive costs for drilling that can be done at deeper platforms after open pit mining. I also support the regional exploration that will add new dimensions to the project if gold is discovered at those locations.

There are a few things on the horizon for this Quarter: Ularing results; The Northern Flats scoping study; an updated pit optimisation; and a pit and underground mill feed study.

All of these have potential to get the SP moving upward.

However for the moment, the share price is providing a top up opportunity that I didn't expect. So, like you I have added a few to my stash of BRB shares.

Cheers
Mulac1