Yeah can see money will be needed but has low SOI and if results go the way of the first campaign then raising wont be an issue there will be plenty of suitors.
May even pump it before a raise. I know this area as i work not far away . As far as neighbourhoods go this sits in prime real estate with milling capacity just down the road at WMC who incidently are building a sulphide concentrate plant and there future lies in that.
So ore bodys like these once proven up there will be space for oxide gold toll treatments such as this at the existing CIL plant at WMC.
Shorter path to cashflow makes a compelling case to step up the drilling a prove this up makes economic sense.
- Forums
- ASX - Day Trading
- Day traders' thank-God-it's-the-weekend lounge September 17-19
Day traders' thank-God-it's-the-weekend lounge September 17-19, page-83
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)