billions in gold, page-24

I have most of my money in cash at the moment. China and Europe worry me as does ASX volatility. A few months ago I moved from Au explorers and base metal explorers/miners to Au miners or advanced Au mine developers.

I think the PNG project looks good. I know Peter MacNab having met him a number of times in 15 year working in PNG and Indonesia.

If the orebody is over 100 depth to mineralisation you are looking at a very large pre-strip. Where are you going to put the waste? Valley fill stabilty is difficult given the very high rainfall.

>100m to mineralisation holes 2, 10, 19, 21, 24, 25 and 26
>200m holes 2, 10, 24 and 25

They are mainly angled holes so the actual depths are less, but are still deep.