re: Ann: Pre-Feasibility Study Summary - Mt K...
“The Company has delivered on its commitment to regulators to complete the Mt Kare project to pre-feasibility stage. Now the focus is to deliver a bankable feasibility study and move into production thereafter. In the near-term, the company will continue to release assay results from its latest drilling programme, which is expected to lead to a resource upgrade.”
Bring on the upgrade. If it isn't significant this thing could be a fizzer given the sovereign risk involved.
IDC Price at posting:
12.4¢ Sentiment: LT Buy Disclosure: Held