Dopey still might have the odd 50,000 left, at 5c on the offer it might be him but nothing significant to impact the price on any announcement.
The MRE was an excellent amount to start off a Heap Leach Mine, now for the Scoping Study which will show the way forward.
Hope we can avoid a big share issue for funding, IMO the way to go is to Toll treat some of the higher grade resource at the nearby NST mill, maybe only 10,000-20,000 ozs to get some cash to pay for the Heap Leach mine or get a Gold loan or bank financing, I suspect we will only need about $5 million to start up the mine.
Great future ahead, IMO this world class very prospective grounds will eventually reveal a multi million ozs resource, the Heap Leach mine will help finance further drilling and pay for future dividends. We can start with a modest Heap Leach mine and upgrade production as the cash starts flowing in.
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Dopey still might have the odd 50,000 left, at 5c on the offer...
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