VAN 0.00% 4.7¢ vango mining limited

Ego, Failure and Success VAN Style, page-10

  1. 4,655 Posts.
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    Why don't we all hold back on throwing the rotten tomatoes until this edict is issued by Bruce Almighty as per today's ASX announcement:

    "Mining studies and examination of processing options are being run in parallel with the resource building programso that the Company can rapidly transition to completion of feasibility studies and the potential development of amajor high‐grade gold project.This release will be followed by a detailed announcement setting out the outcomes of the Company’s extensive 2020drilling campaign and its plans moving forward.”

    My read of the tea leaves is that the Oz gold industry is getting tightly squeezed from a falling US$ price, strong A$, increasing costs and almost non-existent mining professionals. This will be difficult roll of the dice but at least there will something concrete to argue over.
 
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