VAN 0.00% 4.7¢ vango mining limited

Ann: Vango Investor Presentation Marymia Gold Project June 2020, page-3

  1. 8,284 Posts.
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    Still a long way off mining, agreed this is being drawn out. Personally i think regional exploration is a red herring, if they're being honest on developing a mine, advance what's already there into a mine plan and get on with it.

    Remember the best brains in Barrick and NST have looked at this ground for the next 'plutonic' so maybe theyve overlooked something, but a gold deposit the size of plutonic is kind of hard to hide. However there are some interesting smaller deposits here, grades look ok, structurally complex and of course, variable met recovery as demonstrated in VAN's own test work.

    Is there a big for sale sign here? Undoubtedly IMO. I would place Superior gold on top of that list - plenty of spare milling capacity, infrastructure in place etc. As pluto depletes, they need supplementary feed. What would they pay for it? Good question.

    Another good question is the need for 'Deputy Chair' really necessary?
 
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