Actually, it has long been known that Goulamina has visible weathered pegamitites as surface / above surfice.. this is more acadotel evidence that the strike is continuious and from surface... how deep, well we havent even worked that out yet.. yes that means we can add another 25% as an example -- the resource is already stupid big and open in multiple directions, now we have an entire new strike zone.. that will not be the last.
We just need investors to take the project seriously.. we were at $1 when we had far far less.. spot price has recovered, all the good projects with near term delivery are accounted for.. the new crop of hopefuls are miles away from us in terms of advancement, and all pale in comparison with our project economics.
But the fact remains, Aussies love to invest in WA projects, and are negatively bias with Africa projects.. my guess mainly as they African projects dont make investors money.. so they stopped investing.. and this has just been the case, well until it is not the case anymore. Really hoping MLL can change this and make Africa a safe place for an ASX investor.. at the moment African stocks need to come with a warning label (caution: this stock will get overlooked by far lesser projects in WA and the lack of investment will cause mass cognitive dissonance as lesser projects in WA lap these superior African ones).
MLL Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held