Lads,
Menzies is a 30-35M Market Cap as the resources stands, still with significant upside.
The DD program in the lake still has plenty to go.
Structural logging from the core including foliation/bedding, fault/shear zones, fold axis to determine the plunge of any deformation within the country rock will be incorporated into the model to better plan drill holes.
Very early days and a MC of 15M even in these economic and political times is a bargain, still with very little shares on issue.
Just my two cents worth. Take it as you will but I'm sticking around.
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- Ann: Lake Goongarrie Diamond Core Drilling Update
Ann: Lake Goongarrie Diamond Core Drilling Update, page-49
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