re: Ann: Nabanga Gold Prospect - New RC Drill...
Maiden resource at Nbanga to be announced in March 2012. That should give MET a solid backing.
I have confidence in MET to deliver so long as GFC2 does not overtake them.
Still $13.1m in the kitty so it looks like they are conserving their cash well. I think they will focus on Nbanga for a while to avoid using up too much of their cash too soon.
Once we have a 300-500k ounce resource they can go back to the market late next year and hopefully get more cash at a better share price.
loki
MET Price at posting:
33.5¢ Sentiment: LT Buy Disclosure: Held
