Anyone needing a refresher on how hard it is for juniors to progress to production should listen to Joe Lowry latest - Chris Gale of Latin describes it quite clearly. Out of 1000 mining juniors on the ASX, 5 % find a resource, and only 3% get to production. In other words, 60% of those that make a discovery get to production, and Galan def has a worthwhile resource so we are looking good for a winner all things being equal. But it’s going to take a few years….. patience is key.
Ann: Trading Halt, page-56
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