Apart from finally going all out and getting G2 underway I don't think they know what they're going to do. Taronga they had plans to develop T1 on sight for $2.5m [or was it $3.5m] but now they're considering processing the ore at Granville ? They only said they are investing processing tailing at Granville due to drought condition - that's the luxury of having a processing plant and assets with good margins. If it was the best or only viable option it would still achieve DFS but with extended timeframe.They're still drilling at Kilkivan and awaiting results, then what are they going to do ?
What they have been doing the past few years. Advance explorations, keep drilling and hopefully hold until we have a JORC and PFS that's economical. Maybe sell or spin off or develop, I hope they don't sell off too soon though.
They're still drilling at Kilkivan and awaiting results, then what are they going to do ?
Presumably they will continue on doing something, but what, and how long will it take? Wise decision, plenty of bags left after some major milestones are made. Might miss out on a couple of bags or might save some bags.
ANW Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
