Loki,Had a read of the June report and toll treating through NGF...

Loki,

Had a read of the June report and toll treating through NGF is a cracking idea. Paddington is a big mill and can handle some more. It'll also be easier to blend in 3g/t than the 11g/t ore slug - more consistent head grade. Need mining approval next followed by a deal with a contract miner.

Appears the new MD is more of a a wheeler dealer than a hands on miner - he'll either get a good price for the assets or put someone in place to develop it to mining stage. This isn't a family affair any more from a strategy point of view and I see CRK getting bought out well before 'owner-miner' stage.

On a separate note - great to see NGF putting Safety results and details at the head of their quarterly - not the best of result but I like the fact that it's 'top of mind'

From a TA point of view the chart is bottoming - appreciate the nudge Grav - I might get a few.

Stu