TZN 0.00% 4.4¢ terramin australia limited.

menninie dam, page-2

  1. 573 Posts.
    Hi Bill

    Like me on my first reading of the ann, you might have missed the first sentence of this para:

    "The consolidation of the tenement package will enable the company to pursue a farm-in partner to continue exploration to extend the Menninnie Central deposit and test a number of the ready-to drill targets. The Company can advance this work quickly because on-the-ground facilities include a fully established exploration camp and core processing facility."

    I think the real need for farm-in is hidden: not the exploration so much as the need for $$$ to go into production at this remote site. (Yes, I know company hype says it is not remote ...)
 
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