These juniors are valued less on whats in the bank but more on whats in the pipe line ----
This mob have not been able to secure a drill rig for Rum Jungle over the last 8 months --- And have sold there only near production assett extremely cheaply
The cash they have in the bank will be burned on their salaries and other running costs soon enough ---
I read nothing in the activities report that has me rushing to buy more shares
it hurts me to say but The market has them valued about right
GGY Price at posting:
0.0¢ Sentiment: None Disclosure: Held
