Oh Yes, Big picture is looking just like...

Oh Yes, Big picture is looking just like this:...............


Summary :

1: Initial offer received in January when Gold price $2,000 ---> TODAY BIG 18% Increase to $2,340

2: Npv has increased from Scoping study from around $600 million ---> TODAY BIG 50% Increase +$900 million.

3: Silver price when offer received in January was $22 ---> TODAY BIG 27% Increase.



4: Mining licence know RECEIVED !! --- Yipeeee PRICELESS !

5: Only thing that hasn't increased is the shareprice ---> Let's call that our OPPORTUNITY !





So, what will the Small Capital Raise be if they don't sign the definitive Agreement within the next few weeks ?





Where was the Gold price when Chifeng were happy to pay 40c for a placement you ask yourself ?




So if Chifeng were happy to pay 40c with NO MINING LICENCE & a much lower $1,800 Gold price & NO BID on the table, then will they be happy to participate in a small placement at say 40c AGAIN when there is a total 62c offer on the table & all of the above ????

I'll make the bold statement that if they do a small placement to enable themselves longer to negotiate then it's going to be at a PREMIUM & not a discount as the market is expecting here at 18c...