I think the NT Government are more pro mining than I realised, I really think they want GOT to succeed. Here is another interesting article , link below
A few key quotes: Resources Minister Kon Vatskalis said
The Territory's mining sector contributes to over a quarter of our economy, providing opportunities for those living in regional and remote areas of the Territory to gain training and employment opportunities,"
But this one was the kicker Mr Vatskalis said mining exploration expenditure in the NT continued "to go from strength to strength".
Yes DJ the market is not good but the Govt is pumping money into exploration and this was quoted on the 29th June. So Bahar don't panic 13% down on a day like today will be insignificant if the NT Govt have their way. Bring on the drilling and the right to explore Blue Mud Bay and hold on!!!
Cheers
GOT Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held
