Implicit in the statement is that AS is going to put some real effort into marketing what we've got here.
Particularly armed with the PEA.
With what's going on in the gold industry it's a decent story to tell and his strategy of proving the two elements up (the gold mine at surface via and deeper porphyry) in comparison to the current SP shouldn't be a hard sell.
E.g my as yet very rough (as we have no number for strip ratio etc.) estimate of the O/P mine alone is say 60 close to Bell Potters 52c (it really depends on dilution versus gearing which won't be a problem for a major).
All IMVHO.
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7.9¢ |
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Mkt cap ! $181.0M | |||
| Open | High | Low | Value | Volume |
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