I spoke to the MD last week but I was waiting for fancypants to reply before I posted. Looks like that's not going to happen so here's my contribution.
The board was happy with the results (the first part, I presume) so now they are looking at further geo- analysis to decide whether they drill further to expand copper base, concentrate on gold targets, and/or prioritise a JV arrangement. I presume the latter would help to speed up over-all progress on Mt Webb.
But, reading between the lines, I think the next bit of news we receive will be abount a possible new project. I understand they have looked at a few possibilities and are analysing the economics of them.
Although he didn't say so specifically, the possibility of some near-term news was not discarded.
Anyway, no option at the moment but to wait and see.
ATN Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
