There is a clear message in this Ann. Managememt is confident that they will add significant resources to the MRE sooner rather than later. This means we are on track for circa 2m AU OZ's by year end. Don't forget managememt has also stated their goal is to start mining and producing revenue once they have drilled out the major targets. They will use tolling deals with one of the many mills located in the region thus reducing the need to raise capital to refurbish or build a new milling plant. Bottom line is that SP performance is the number one priority for management as they are completely aligned with the minority holders such as ourselves. Proving this company is economically viable will likely result in a merger with or takeover of other smaller regional players or a takeover of HRN by one of the large players in the region.
Exiting times ahead for the patient.
DYOR GLTAH
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- Ann: RC Drilling Results from Swift, Swan and Eagle Targets
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