It is not long now before we are due to receive the update on the resource statement. According to previous announcements we are likely to see the reserve statement at the end of the month/1st week of september. Considering that there has been considerable drilling with some very good results this she be viewed as very positive and also as the share price has fallen considerably we should see a nice jump in price on release of the report.
When talking to the company they are very positive and have mentioned that they are doing some preliminary talks in the Eastern states this week talking about the JV with Gf's but will be going on a major roadshow once the reserve statement and timeline is released.
They are very confident that the reserve statement will enable them to build a mine and are looking forward to this next challenge.
not long now
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