Absolute crazy times and valuations going on here.
Koting and other gold prospects could start being reflected in our SP at these levels, no question.
We could be doing a full circle, as gold prices are surging but its doesn't change the fact that Koting is a multi anomaly prospect, and we have a suite of tenements sitting around an idle plant.
Currently we are sitting on the following gold hits just at Koting alone:
4m @ 11 gpt
42m @ 1.22 gpt
27m @ 1.55 gpt
12m @ 5.79 gpt
51m @ 1.17 gpt
5m @ 4.88 gpt
12m @ 8.9 gpt
there is a solid gold system at Koting that obviously needs more money, but with the gold prices coming near highs in USD, this should be able to be exploited in several ways (Cash sale, JV, farm in), who knows.
either way, MLL is cheap, but our gold tenements at $14m AUD, is something to heavily consider...
Some long termers will remember the Koble prospect too that we have, which had the highest arsenic readings in the area too, on par with the Morila deposit. Arsenic is a good pathpathfinder for gold deposits.
And throw in a $1b NPV lithium project for kicks ey?
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