My view is that Ray Shorrocks and Damien Cooke and Marcus Harden are drilling for their lives and looking to ensure there is a huge resource uplift in Feb'22 and make the case for restarting production enough to self fund any further drilling required.
Then perhaps in 18-24 months begin the feasibility studies and at the same time look for a corporate transaction to a deep pocketed player who can bring on funding quickly and get Pickle Crow back in full production.
I don't expect to be a shareholder in AUT when it becomes a serious gold producer.
With such a tight share register I think a corporate transaction is more likely.
Cheers.....D
Ann: Further Exceptional Drill Results at Pickle Crow, page-9
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