The presentation for Monday’s dog and pony show was released earlier in the week. From memory it showed they still have a healthy war chest to fund drilling at Buldania and follow-up at KV so I’m unsure of the urgency to sell down the CXO holding. I thought the CXO drilling results announced rhis week were good - widths of 20 to 30 metres of good grade. Unless they are planning something bigger of course.
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