Short-term nothing can happen until they're granted. They need to get re-rated by the market, so they will continue to drill test Tchaga and try and determine the extents of mineralisation prior to providing a maiden Resource for it. Gogbala looks like it may even have greater potential, judging by the wide-spaced RC intersections they've highlighted in their preso.
The permits under application once granted will require a thorough review of the geology, historical data (if any) and probably some regional geophys and geochem surveys to highlight any potential targets. Tongon is just next door, so they have a bit of a head start in terms of determining the prospectivity of the ground.
MKG Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
