Yeah good thoughts on Georgina but first Alpha gives us an advantage as it is drilled out and very well researched in the last 20 plus years (closer to 50 yrs of work has been done on this deposit). I would like to see a lot of effort go into commercial production from Alpha ASAP which should provide a significant return on investment given the predicted GM% of circa 50%. Marketing will be straightforward if the quality lives up to forecast.
With regard to Georgina I am trying not to get too excited. This is a very big area and therefore it could take years to explore. If it was as simple as relying on magnetic signals to identify "mother loads" there would be very few projects left to find. Nevertheless sometimes you do get lucky and it does help that there are some clear signs that the deep geological structures between Tennant Crk and Mt Isa/Cloncurry have much in common and that is the premise on which we are exploring there.
Cheers W2
GRV Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
