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Cheers CW and ANTON, thanks to both of you for your comments....

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mulac1

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10/04/22

11:26

Post #: 60765275
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Originally posted by ANTON707: ↑

IMHO these two years starts from when the Americans told Tom to make it larger and bigger? There was a decision point where they drifted away from PFS at that stage. This time Tom is mentioning mining study which I believe will give BOD a "preview" of what a DFS/PFS would be in the ball park. And most of all I still believe they have light CAPEX options other than building their own mill....like JV (AOP/GOR?), selling the ores in the ground, toll agreement with nearby mills. All propelled by GL1 cash. I reckon the silence is a function of how busy the team is in defining the best option for their monies and investors. Perhaps Tom is not in rush and waiting to surf another GP price up wave?

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Cheers CW and ANTON, thanks to both of you for your comments.

What is attractive is the SOI. If they can get to mining using lithium funds and Ularring and maybe a debt facility without dilution, A sub 400,000,000 SOI gold miner would be almost unheard of.

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Mulac1

BRB Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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