With gold at all time highs (in nominal terms) there are some crazy opportunities around (well I think they are crazy). If/when Novo take up their option they will be funding our exploration at Malmsbury. White Dam if it lives up expectations will bring in ongoing funds which along with current cash on hand pays for plenty of exploration in Mt Coolon. Novo shares will be worth about A$6.5-7m. EV low $20m's. Won't take much for that blue sky here. Surely can't be too many more placement flippers left
With gold at all time highs (in nominal terms) there are some...
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