AQX 14.3% 0.8¢ alice queen limited

Ann: DRILLING CONFIRMS NEW BROAD GOLD ZONE AT HORN ISLAND, page-6

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  1. 1,917 Posts.
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    St Bab's have their own internal issues around core group focus. Their departure I don't believe is a reflection on the results at Horn island or working with our mgnt team (you'd hope)

    Given they had earmarked Horn Island as a 1-2mil oz resource in their investor presentations prior to their departure (whether that was just from the JV or their expected buy out of our 1mil + resource only they know) These results suggest there probably is combined with our excluded zone around 1.5mi oz or so in here. Lets get these and some more drilling to a stage where they can included in when we are doing the feasibility study.

    Looking forward to the scoping study results though, would expect us back up into the 3s+ on the back of scoping and the Fiji Jorc.
 
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