Dear Fatoomch,
I had to laugh when I read the presentation and it states regarding Dingo Range, ‘results in advance of investment decision’, and then 3 dot points later ‘aim to commence development activities 2024’.
Can’t be clearer that Memot and NLGP are proceeding to development, can it!?
I’d love to see them drill another 100,000m at the NLGP after this 100,000m program. Join it all up, please!
Coincidentally to your post, the other thought was about what if NLGP is not around the standard 1Moz, but was double that or more. The map teases showing Darlot, Laverton and Thunderbox, plus other major mines. For some reason I’ve constrained my thinking in this regard.
I haven’t bothered with utilising the drill hole interval calculator, but the NLGP intercepts over 100g/t are very impressive, ignoring the other decent intercepts.
https://www.juniorminingnetwork.com/drill-hole-calculator.htmlWhen the company produces a dividend in say 3 years, look out. Relatively few shares on issue, a 10c dividend is $65M a year.
(20min delay)