annual report shows commitments... their could be a hint in the commitments which may detail how aggressive we are planning to be in the short term...plus it will also show to you that KJ's salary is not fat when compared to other juniors or other ASX listed companies.
in response to one of your posts too the other day, something similar to "whats different to this drilling campaign as opposed to the last 6"... well that's easy to answer, this round of drilling is RC drilling... the last 6 have not been RC...
RC is probably the most effective form of drilling in terms of cost and geological information obtained... BGS have now identified a trend (3 of them actually within the footprint)... the RC drilling can now target these identified trends with a view to constraining the resource similar to what was done with Ntoila, in line with the MOU....
its this view of approximating ounces which is key this time round... we will be able to the plug the additional ounces we find into the feasibility study which will help RG and BGS determine if the operation is/would be feasible at a high level... and we do know that any additional discoveries will have a significant effect on project economics....
so yes, there's plenty different this time round... this campaign has a more direct link to wealth creation...
BGS Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
