hello Sarg, thanks for the update more confidence in the...

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happytrader2015

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02/12/20

07:40

Post #: 49283535
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Originally posted by Sarg: ↑

I’ll start by saying “why weren’t you here” because it felt like a pivotal juncture in company history with big Jim on the screen doing his bit from Orange.

This was after the formal business and it was explained the site for a processing centre would be close to Mallee Bull. Simon complemented Rob and the team for cementing the tenure firmly in Peel’s control [ministerial stamp due imminently about 3 weeks] and Jim said they have enough for a stand alone which may initially be 10yr mine life but quite possibly 40yrs given most deposits are considered as very open.
Results coming soon from Southern Nights and the buzz was around the high copper price and also the
potential for underground mining at May Day.
Wirlong drilling imminent and $6mill in the bank after receiving proceeds of Saturn share sale and payment of $17 mill for return of May Day, Mallee Bull, Wirlong

Loads going on, can’t summarize it all [many don’t ever believe me anyway] but I noted some influential people attended and I certainly believe the ducks are coming together nicely.
The board acknowledged low sp and admitted it’s been a long journey, but say it will be more than worthwhile nonetheless. Confidence is excellent.
If you’ve been sitting on the fence, don’t, get your cheap slice of this pie soon.
GL SARG

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hello Sarg, thanks for the update more confidence in the company.
A couple of questions:
how long to mining?
who were the influential people present?
I remember they had ANZ #2 guy at meetings a while back is he one?

regards ht

PEX Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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