Previous management spread themselves too thin and that was a costly mistake.
They thought chasing nickel deposits would be the next big thing only for nickel prices to crash.
Either way tenements in PNG have huge potential for Gold Nickel and Copper.
We only need to have a strong JV partner (initial plan) to drill and find a big deposit
Imou is next Imo. Given copper is a lot more attractive than Nickel (Veri veri, etc) these days
Proof of the potential is the annoucment today = 831,000 ounces at 1.42 grams per tonne
Previous management spread themselves too thin and that was a...
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