Von mateShares on issue is extremely important in the penny...

  1. 2,854 Posts.
    Von mate
    Shares on issue is extremely important in the penny dreadful end.
    Over 1.3 billion shares on issue and drilling costs to go, if not great results then its back to market for CR and further dilution.
    With regards to IOCG around OD, many have drilled and failed.
    Olympic Dam is refined to that area, there is some to the south and west including Carrapateena and Prominant Hill but these are scares and few and far between.
    Oz minerals is heavily in the area and to date have not had a lot of success.I would be followingf their acreage in the Gawler Craton
    However G Luck
    Cheer
 
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