Quick update from the GM
- As per the asx announcement 90% of shortfall offer went to FFX shareholders, which is above the $10m we were prioritised for.
- They haven't worked out the exact scale back yet, expect to get 50% or maybe a bit under
- Simon is off to Mali tonight
- They have pretty much finished dewatering Morila,
- Roads at Goulamina 70% complete, hope to finish in July prior to the wet season
- 2 Rigs at Goulamina, a recent step out hole 50m to the South outside the resource had 68m of pegamite, still to receive the assays to see if there's mineralisation. At Mt Catlin (Galaxy) Simon said they got excited if they got 3m
- Not fat away from updating the Resource/Reserves at Morila to incorporate all the drilling
Probably more, I'll post over the next few days.
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