manbarrum

Very interesting that TNG has recommenced drilling at their flagship project, looking to prove up higher grades from the Sandy Creek deposit, and do some initial drilling at the Brown's (very large) prospect. One can only assume that they remain very confident about Manbarrum. Lead and zinc prices have come up a lot from the lows.

Mr Biddle's involvement in WA metals has possibly opened some doors with future JV partners or sources of funds. It will be interesting to see what happens.

I tend to think they are just doing enough extra work at Manbarrum to put some finishing touches to the exploration model. They have spent, from memory, close to $20m at Manbarrum over the past 3 or 4 years.

I have a funny feeling we might see some fireworks by the end of the year.