Morning all.good not great, so market will yawn as we’ve seen...

Morning all.

good not great, so market will yawn as we’ve seen for some time. This is all outside the MRE, so it continues to add more gold and silver, as will future drills. This is typical for these big copper/gold resources. They need many tens of thousands of metres drilled to reveal the full extent. Our very experienced management say they think it’s going to be 10m Oz. But it will take time to prove that up.
always has been a long term play for the patient. Unfortunately that means ongoing CR’s as we go.

at some point they may well sell Brama and use funds on El Palmar & Verde Chico. But, I suspect the big boys will want to see that MRE much closer to the 10m Oz level first. We haven’t been given a date for MRE at El Palmar, so it’s still some time away.
I’ve sold most of my other spec stuff, but will be holding this one long term.

cheers,

ned.