GRL godolphin resources limited

Hi @prawn_man@phillopFollowing on from your posts I have been...

  1. 3,370 Posts.
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    Hi @prawn_man@phillop
    Following on from your posts I have been doing some thinking and now realise that you are spot on with your assessment, Namely.
    - That there is plenty of core mining skill and resource available in NSW, they are very busy though with all the activity taking place at the moment.
    - That there are a few plants that could toll treat in NSW, the challenge is their proximity to Lewis Ponds.
    - On reflection and considering the most recent announcement, we have a suite of metals in the LP resource. This poses problems because they are valuable metal resources requiring a tailor made plant process to separate and deal with the different concentrates. Its not just a dig, crush and extract the gold type of scenario.
    - Due to the ore body metals available it seems to me that a more bespoke type of plant will be needed, this to a degree restricts optionality on existing toll treat infrastructure.
    - I feel that we will need our own setup with ability to deal with our abundant orebody.

    We should not have to wait long for drill results from CHE and LP is being drilled as we speak so another catalyst coming soon.

    I absolutely maintain my view that all cards are on the table and management are highly motivated in wanting a great outcome for shareholders.
    Cheers RED



    Last edited by RED328: 02/02/21
 
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