They have stated they are looking for an acquisition.
And they should be too. The reality is that they have spent a lot of exploration dollars and poked a lot of holes into Norseman and have only increased the reserve 20%. i.e. they have only added 6 months to the minelife. Its hard yakka finding tonnes as has been the case for decades.
Davyhurst is not long life either.
They need another project soon. To keep the growth profile happening it needs to be a good one.
acturtle
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