I somewhat agree nk, but the 2006 business plan did not have an extra $350 per oz to play with on the current AUS$ gold price.
Looking at RED, of which one of our Directors share a position, I am wondering if we will follow the same series of events in regards to financing and whether again, our new scoping/data sets will be standardised against $800 per oz.
Not a cheap as she was, but again, we'll have to wait for more info regarding where they are going to go with funding as it will provide more of an indicator whether they (Linq) are serious, or not.
I'm happy to hold and wait for more direction.
MOY Price at posting:
5.8¢ Sentiment: LT Buy Disclosure: Held