Maybe they do know what their doing here and $2m is a good price.
‘Maybe they’ve spent enough time in PNG to understand although there is plenty of gold in the ground it’s very hard to actually mine.
‘Maybe all this trench and rock sampling they’ve done coupled with the lack of drilling now all adds up.
‘Maybe…..just maybe…..this is the greatest mo e they could have made.
Having gold in the ground is one thing….getting it out is another.
Ive always been a little concerned about the lack of drilling.
‘Maybe they have developed a back of napkin extraction cost and realised the margins are just not worth the effort
Ann: PNG Project Sale, page-13
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