Thats what weve all been waiting for ... ever since MAD71. I'm more hopeful that we are back on the scent after years of not having a whiff in the so called deeps. The additional plates and the prospects of more DHEM targets from MAD199 will be very exciting.
Yes they'll need more capital and theyll need a capital raise to kick off these starter mines if they prove commercial. So what. If they pulled the trigger now it would be at 9c. Another hit ... who knows?
Wish they still had two rigs working away at the ground here. I can only think one was relinquished because they didn't have high confidence in their targets. But surely now that has all changed. If they hit up shareholders for capital, i hope they're planning to run 3 rigs with their new funding
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