Hi lilac, you are most welcome. Sorry I did not raise the question of retail participation. I was too happy to understand what is before them now. Gold is looking fantastic, the AUD looks to be in a secular bear, and the prospects of further income via an extension in 18 months time look positive.
This gold field is wide open and hardly explored brownfields in a sense. The indications of alluvial gold prove outcropping gossans existed on ancient hills and eroded over time into the drainage systems before the Yilgarn Craton (one of the largest gold producers of all time) was ground flat by a glacier. Fluids enriched this area like the rest of the Craton long ago.
The earnings from the deal will enrich those who set sufficient time for this to play out. The deal is highly likely to be extended. Exploration is not for everybody but this company deserves a big discovery to reward the right attitude and approach. Enough said. Sorry it did not cross my mind to ask about a SPP lilac. This gold bull, just starting, will go down as the largest in living memory. Real price discovery of the king of metals, due to the demise of the price rigging scheme (COMEX) that started in the 1970's, will shock people IMO.
GLTAH CW Congratulations to the Board for pulling this off for shareholders. Now we need to the team to keep on discovering; doing what they do best
DRE Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)