Although I gave management a bit of a rattle in my last post, I'm actually quite keen on the future of the prospect.
There is a lot of drilling to be done and until the company has some more money there won't be much activity on this front. That's why I push for a JV.
Don't forget the traditional field season in the Territory finishes in Oct/Nov and resumes in Apr/May.
Maybe they can drill thru the wet if they get a move on with access roads, pads, sumps etc. You also need a good dry working area for samples and living if you are working thru the wet.
All of this takes preparation.
But first things first. Where is the money?
I spend most of my time in India, and can't get a phone connection where I am, so can't contact the company.
If someone in Oz can ring them in the next week or two it would be great.
The Annual Report due out soon MAY tell us more.
Then again it may not.
I have always had my doubts about "lawyers and confidentiality requirements" sometimes it seems to be a bit of a snow job.
We will know when the details are released.
Hopefully in my lifetime.
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