Think you have nailed it ronme. Bit of a school boy error if that’s the case, but it doesn’t change the investment thesis for me.
The drill results are promising, they are cashed up for now following the recent placement with potential near term cash inflows from the sale of the old stockpiles. Technical director Simon Coxhell has a decent track record. Lots of newsflow to come short term. If you believe the global economy is shot and see the POG is going up then for a $20 market cap you could do a lot worse.
All IMO, DYOR etc
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- Ann: Initial Results outline significant gold system at Big Rush
Ann: Initial Results outline significant gold system at Big Rush, page-17
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