you don’t know what you’re talking about. Horn island has significant infrastructure including a deep sea port, international airport and has several large fresh water bodies. There’s broadband internet. Twice daily flights Qantas flights to cairns. On Thursday island (short ferry trip) there are several thousand people living and working for the multiplicity of government agencies. There are schools, shopping centres and everything you’d need to attract people to come and work here.
these results pretty much show there’s gold nearly everywhere they’ve drilled. Currently it has an inferred resource if 500,000 ounces. As drilling continues it seems likely that the resource within the excluded zone will only be proved up to be larger and as it moves from inferred to indicated its value should also rise significantly.
this is hardly a prospective resource it has a huge body of evidence to suggest there’s plenty of gold to be extracted here.
the real value of horn alone is probably $100-200m yet we are languishing at around $30m.....
things are going to surely hit up once st Barbara’s results start coming through.
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