During the recent conference call RMS mentioned the intention would be to build a new processing plant at Apollo, so I agree the surrounding near-development mines are in play for the bigger companies looking for step-change growth by 'owning/claiming' the area. Judging by the GOR interest today Apollo really is the 'jewel in the crown' (as N Castleden repeatedly described it), not just of Apollo's holdings, but as a controlling piece in southern Laverton region. Incidentally, the current money offered for Apollo probably represents value for some mid-tier gold companies simply as a defensive play (i.e stopping your competitors from expanding in the region).
AOP Price at posting:
53.0¢ Sentiment: Hold Disclosure: Held
