I really dont have anything to base this on but I reckon its great that the convertible bonds deal is formalised, we all new it was in the pipelines, now BG and others know we are serious. My gut tells me that BG will play ball.
On a side note does anyone off hand know the requirements for JORCing a CSM type resource,,,ie: infill drilling requirments etc...
I have had a look at the location (Google Earthed it only) and found the access locators and the like, the good thing is that the "fairway" appears to run somewhat parallel to the "Colson Track" which I assume has been the major access to the site. This means that we could drop a half dozen drills along side the track and prevent the need for much of the preparation work. I would think.
Im happy to include these markers on my site if any are interested, but it will start to get clutterred if you have downloaded everything else.
On a side note, Im pretty sure my neighbour is from this area. His misses is from the eastern side of the simpson and he is from around delhousie springs I think, so he may be a very valuable go to tool. He mentioned to me he had to leave his mob to go over the simpson and find a wife so he laughed and said thats all ours, so I think he is located correctly.
CTP Price at posting:
8.9¢ Sentiment: Hold Disclosure: Held
