Only a recent holder and purchased after conference presentation this week. A couple of points I jotted down, and my own thoughts:
- Next Assays due December, expecting high grades, should compare with best.
- Have found large pegmatites, similar to those found in WA.
- $10m cash and low m/cap compared to peers - good potential for rerate.
- Finnis project, close to Darwin (approx. 25km !!!) ready made available workforce and subcontractor base no fifo, no camp. Very supportive Govt regime.
- Good infrastructure close to sealed road, Darwin harbor does bulk commodities export including Iron Ore and Manganese.
Can see possibility of early to market through DSO operation, very low cost through campaign mining of high grade ore bodies.
Only a recent holder and purchased after conference presentation...
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