Only announced early results from a couple of hundred metres of drilling and we have started with high grades.They are off to a running start of a planned 10000m drilling campaign.
As for people saying they are not worth $80mil market cap do a little research they already have 500k oz jorc compliant at 8g.Also the hole finished in mineralization at 60 odd meters.That is shallow and open pitable!Look at the companies other tenements,(tanami region?)
Cap raising has been completed with $7mil in the bank so there is no need to raise cash during this current campaign and the sp can run its course without the relevent players needing to hold it back to get set.
No surprise that the posse arrives looking to set a negative agenda on the back of positive results.....they'll be at it tonight and leading up to open tomorrow because they were locked out by the trading halt this morning.
Look for a steady stream of results over the next few weeks...in the gold game grade is king.
excellent start
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Mkt cap ! $193.5M | |||
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