From PRIM:LN's Quarterly Report this morning in London
This is from ARV's new Exec Director - Alistair Clayton
While we hope Havieron on its own may well prove to be a +20Moz Au deposit (which would imply the Greatland share price has a long way to go), we also see a huge amount of potential nearby in areas not subject to the Newcrest Joint Venture. Interestingly, Newcrest published the first iteration of a geological model recently for Havieron that in our opinion opens up the whole sub-region to similar prospectivity. Should drilling at Scallywag or elsewhere nearby turn up similar mineralisation to that at Havieron we can easily see Greatland's share price appreciating significantly.
ARV Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
