re: Ann: Okvau Drilling - Multiple High Grade...
Hi
Okvau - Multiple High Grade hits in a single Hole,, resource announcement
Over the coming months the Company will continue to unlock the value of the Cambodian Project by targeting a number of satellite targets across its 1,100 square kilometres land holding. With the onset of the wet season, the Company is undertaking a comprehensive surface geochemistry program (stream sediment sampling and soil sampling) to prepare for an aggressive drilling program testing satellite targets during the dry season.
Patersons Broking say, Assuming a 25% discount to the market RNS would be fair value at circa $0.41/share or 2.3x its current level.
RNS Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
