G79 0.00% 2.7¢ goldoz limited

Ann: Results of Meeting, page-42

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  1. 19,420 Posts.
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    It is what we should expect - they more they look the more likely they are to find the best sites to mine. In an ideal world they would sample thousands of locations across the leases until they found the best site to mine, but this would take tens of millions of dollars and very patient investors.

    Luckily they don’t need to find the best location, just a site that is “good enough” and then scale up. We don’t need perfection, just a semi-good location.
 
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