The BRR probably needs to be listened to several times because (a) the sound quality is not the best (b) with the slides there is an added distraction as you try to read what is on them and listen to what JK is saying too (c) the length on any slide varies quite a bit.
What I have got out of it so far is the following points in addition to earlier summary provided by Fowler was it ?
(1) Pushing ahead with feasibility studies for FNQ (keener now on Tregoora ahead of Northcote) and Amayapampa in Bolivia. (2) Keen to get some more drilling done at Burraga this year (especially some deeper holes) to prove up their opinion that there is a very significant polymetallic ore body under there. That could at some stage mean a JV with the Chinese company with the drilling programme. 3) Tregoora is seen as providing a cash generating project which would fund further exploration and other activity. 4) FNQ (basically Tregoora) is seen as potentially providing 35 - 50,000 ounces of gold per annum production 5) Amayapampa is seen as providing potentially 100,000 ounces of gold per annum production
Interesting comment towards the end of the presentation was that in JK's opinion he thinks that with the feasibility studies for Tregoora and Amayapampa well through and in the near term could be moving into production projects plus some good results from drilling at Burraga demonstrating that it is a very significant ore body then that should put "a bit of a rocket under our share price".
So the RAU Rocket is being prepared for launch. Lift off could be about mid year do you think ??? Or will it take till about September for all the final details to be in place ????
Interesting times ahead this year I think. Hang on Crisis77 .... things may not be so dull after all in a few months time.
BIG Price at posting:
2.8¢ Sentiment: Hold Disclosure: Held