Greater Fosterville is certainly the main game.....@gruntovAnd...

Greater Fosterville is certainly the main game.....@gruntov
And what a game it is....Completely surrounding one of the most profitable Gold mines in the world and the most profitable in 2019...
https://pages.marketintelligence.spglobal.com/world-top-10-lowest-costs-gold-mines-WS.html

But the main game can change ""very quickly"" with drilling success at other projects...
Think CHN where the main focus for a long time was their under cover Victorian Gold fields exploration like S2R...
Then out of left field came Julimar and the Victorian Goldfields projects were put on hold and eventually spun out into FAL...
Even FAL had some share market success with the recent Farrelly Mineral Sands Prospect shifting the focus slightly from Gold...
DEV main game was Sovereign Hill with Nangus rd a close second now both those pale into insignificance with Nabalek the main focus and rare earths REE at Kennedy ""now"" and Nangus rd sold off…

Discovery of a large porphyry-style Au Cu deposit like Cadia Ridgeway at Glenlogan would change things and initial focus big time for a small exploration Co like S2R – I would like to think they could still manage the 3 projects mentioned in the last post as they would be doing CR’s in the tens of millions of $$$ and have millions on hand with limited Dilution like CHN did…

https://smedg.org.au/discovery-of-the-cadia-ridgeway-gold-copper-porphyry-deposit-john-holliday-colinmcmillanian-tedder/

Anyway all a hope and a prayer right now and here we are trying to claw our way off the bottom of over a massive 50% decline in share price since Dec 23….CR...

S2R have commitments by the end of 2024 of.....
Warraweena - $620000.00
Glenlogan - $540000.00 (1200mtrs DD)
Fosterville - on the high side $2250000.00 (5000 mtres DD)
Plus Corporate Revenue expenditure....keeping expenditure at other projects minimal you would think....
With 7.43 million at end March quarter and spending similar amount in June quarter they should have $5850000.00 end June quarter approx..
add $1637800 AUSD from Finland sale = $7487800
less above should have 3 to 4 million left by year end....
So more than enough to get us to at least the end of year and maybe Jan Feb ....

So really the next 6 months is going to be the difference of raising sub 0.10c or much much higher in the Dollars with any success at the 3 above...
Definitely good risk reward ratio IMO as all the projects are all capable of company making results.....
Because Glenlogan is so definite there should be a run up on the commencement of drilling announcement...

We are not looking for the ball park here at Glenlogan as the ball is plainly in sight - this is a 2 (minimum) holes straight through the heart of this thing (Cadia look a like Anomaly)…..

Interesting times ahead and well for holders this is the game we play and I personally like the playing field S2R has....
Just got to find the ball any ball will do………GL