Developing a UG resource KCGM super pit style looks promising but is not cheap i assume. At a discovery cost of $20/oz (or what was $40/oz until recently) it will be another $20-40mil to build up to a 3mil resource. Plenty of dilution.
Anyway i will be buying in once the technical show we are near bottom. Upside is way too high to walk away.
BRB Price at posting:
26.0¢ Sentiment: Hold Disclosure: Not Held