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i guess thats what the angle would be find a never never and...

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CashedUpBogun

8,331 Posts.

913

28/07/24

12:03

Post #: 74949154
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Originally posted by goldfan: ↑

I respect your opinion. The project didn't deliver (Spartan repeat?)

But don't you think that a producer with cash to put a good exploration program, increase resources and bring all projects together with gold at $3500 would make that work? Brand new plant, the only one in the region... not an easy project but there may be a lot more gold there.

I know grades were awful but not sure if the worst was over with strip ratios etc. Once again, I haven't done good research here for a while.

Sad reality is... current shareholders are not going to see that.

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i guess thats what the angle would be find a never never and change the game
a lens i use is this - if the chinese won't touch the project then it must be company killer
i apply that to wiluna, and all of the same pumpers who thought it would work
if someone like SPR (holder) or CMM (non-holder) took a crack at either of these two projects
i'd punch all my stock immediately. just my opinion.

CAI Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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