I am happy we got Goldsborough, think we could have got it cheaper but anyways,
What is the go with the RI, the $$ in the door are not material based on a partly paid basis. For the 3D in NZ? not convinced, forward exp. in annual accounts is $8M, sell some one the small listed holdings would raise $5M, not to mention cash in bank.
It has brought forward the 5c payable for me a few months on my options so I can get the RI, thanks Albers was budgeting that one for December!
I have revised exploration assets being valued by market @ $24M, not bad given quality, I am happy to hold waiting on outcome of Gigantor/Shell/Winchester/Artermis Drill.
Just get feeling something else is in the offing, a few things being cleaned up, would bolt onto a bigger asx company quite nicely.
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I am happy we got Goldsborough, think we could have got it...
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