I think it is clever not to waste on drilling where 16 cores are available for fraction of the cost. Afterall those who were drilling are about to wind up. Cash will bring in opportunities in the next 1 or 2 years.
I also feel Newleyline and Berinka should not be touched for now. look at CHN, already lost 90% of its value from their best times. ASX is also overcrowded with goldies, nickel, PGE etc although another small will have no great impact.
Hard times ahead, most lifestyles and high cash burns will disappear, and may present unique opportunities just because of survival. AIMHO
GLTAH
MAN Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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