re: Ann: Significant Mineralised Ironstone In... JC
It's ADN not ADR that you are referring to.
I also wonder if ADN has the resource to go it alone..My take on it is that they are proving up what would be a significant, commercial "additional zone" to what WGR have on the other side of the boundary.
They may be able to monetize this either by paying for some of the mining costs or being taken out! X factor being Anglo.
A whole range of possible outcomes are unfolding.
I bought into ADN a while back and am watching it unfold..should hedge my bets with a parcel of WGR as well.
DYOR
Ann: Significant Mineralised Ironstone Intersecte, page-7
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