BUX 9.38% 7.0¢ buxton resources limited

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  1. 3,400 Posts.
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    lets hope they can prove up a commercially quantity of the stuff…

    the guys behind BUX have form in getting exploration up to potential minion operation with STB so if there is something there they have to ability to get it up and running.

    lets hope they don't dick around too much and get a fairly substantial drilling program going there but I have a feeling they are going to focus on zanthus first…

    i'm still thinking they might JV (or something similar) Yalbra to free up cash to focus on Zanthus.

    they don't have enough cash at present to substantially focus on both projects simultaneously and perhaps the spectre of a CR is what is holding back the SP.
 
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