Hi there,Agreed.A quick summary:An experienced PNG explorer with...

Hi there,
Agreed.
A quick summary:

An experienced PNG explorer with a substantial project portfolio (8,000km2
)
PNG is a proven mining jurisdiction with world class copper-gold and gold deposits
Key relationship - Vale/GMX Joint Venture (Vale earning 51% for $20m over four years)
Core capability retained, with significantly reduced cost base (Cash conservation is key)
Current market capitalisation approximates to cash backing
Current Drilling program at Kiki Prospect, Liamu (Vale/GMX JV)
Funding: Vale under the Vale/GMX JV
Program: 2 x 600m diamond drill holes
Target: 700m x 400m strong chargeability anomaly partly overlapping elevated magnetic anomaly
Potential: Sulphides related to buried porphyry Cu-Au style mineralised intrusive bodies
Question: Will drilling confirm the similarities between Kiki and the North Rok discovery?

Ordinary shares: Approx 112 million,of that top 20 control 70,512,031 = 62.5%.Very tightly held.And as shares are purchased,further reducing supply.Greatly undervalued currently.

kind regards,
fast41.