Imo excellent report, and we have not yet heard a word about the Chinese deals. And is this the "new" project or not?
From the report:
"The Directors of the Company see this transaction as another step in building a gold company with substantial mineral resources and ore reserves. To pursue this important goal, the Company has recently employed a number of new staff for its Mareeba Head Office with the view to aggressively pursuing the Company’s existing Far North Queensland projects."
10% of in ground value should add another 50mill to the market cap?
Ah well, watch em jump over the cliff, less to run in future I guess.
Cheers
And the lemmings run! Weird!
BIG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held