Zappa,Don't want to say too much but have held for a while....

Zappa,

Don't want to say too much but have held for a while. Great mgt, resource grade is improving and as you would know they have world class infrastructure in place. Wallbrook aquisition makes the project very viable. Delayed report due end of June due to Walbrook buy. Report dhould be in the next 4 - 6 weeks essentially saying that they will start mining in November / January at the rate of 100koz pa imo....interesting that the md has bought shed loads of shares in the last year and sbm and others have left the share register to free up cash...in each of these sell downs the md has had no problems in finding new buyers for the shares and at market price.

very short start up lead time and simple turn key operation makes this attractive to me.

Where to for the sp? Genuinely i see this as a $150 - 200m miner so yes considerable upside from here imo.

MD Guido is excellent...great reputation and he has an awful lot of shares in the business!

DYOR