super strong!!, page-67

At the moment it's just pure speculation.

Let's remember that a bird in hand is worth 2 in the bush.

At this stage the Co has not told us anything about any other projects so we can only speculate and hypothesise.

I must concur with you Glen that Peelwood and Monty are worth 4-5c in a very short term and if our drilling at Peelwood confirms and quantifies Au then don't be surprised if Newmont doesn't start knocking on our door, with a sledge hummer! Lol

Luckily we will not have to wait too long.
Drilling April/May, results early June, Newmont breaking our door with a sledge hummer - mid June.

If this does happen, then:

1. Peelwood project sale to Newmont.
2. Peelwood North producing and returning $5M-$10M per annum.
3. Money in the bank plus income stream.
4. All the money we need to bring Monty into production without borrowing.
5. No more dilution.
6. Shareholders celebrating by hiring Mustang (our resident 747 pilot) for some acrobatics in his Jumbo.

All in MHO.