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The scoping study needs to show the profit margins and hopefully...

  1. 536 Posts.
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    The scoping study needs to show the profit margins and hopefully then we'll have some spine grow on certain investors.

    I personally highly doubt BOD will invest large sums here, they just haven't historically done that, and who knows whether they are doing it indirectly. Regardless, I don't sense their skin in the game is what it'll take to better showcase the investment case.

    Hopefully JB will have a good case in GC tomorrow arvo. I plan to be there and expect the profit margins on this Gold project to blow anything we've seen from the junior explorers who have moved to production i.e. Auric and LEX Whose soon about to apparently. LEX guys to me look like they've done a very unfavourable arrangement with BML Ventures - just look at the June 3 announcement, 16.5kms of grade control! 16,500 meters...... excessive much???eek.png JB's assured me we will be keeping keys to the project - hence my continued STRONG support of this project.

    Scoping study can't come out soon enough - we can then grind some hard facts and $$$ and ultimately make some realistic future price targets and get to make some money here!

    GLTAH - sorry for rhe long post.
 
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