G'day Bob -Exploration is ongoing if RC results are good then it will justify
Diamond drilling etc - i'm certain unless I fall off my perch that I will be here
next year, so as exploration advances I will follow it closely will every hole be
a winner-nooooo, we are a exploration company so that's what the company
is currently geared up to do & with Two J.V.'s kicking in next year along with
our own exploration programs the chances of discovery increase.
As for Mining O/P & or Buccaneer ABU has neither the funds nor the expertise
as said its geared for exploration -though never say never who the bloody hell
can read the future, I understand your point very well, it would be ideal if
ABU was in production & revenue from production covered exploration cost &
we would never have to be diluted again, even better would be a divvy each year !
We have spoken about the endless possibilities in the past-it did not happen
ABU almost Sank-It was a debacle we all are aware, & the reality is ABU
just can't fund such a venture now .
Who knows though J.V. -with NST for example would seen symbiotic for both
ABU & NST investors .
Buccaneer & Old Pirate in close proximity to Coyote ( Western Tanami)
with mining lease all environmental box's ticked must be tempting for
NST.
Especially the way Supeljack is shaping up that's in close proximity to Central
Tanami Gold Processing facility -Did you see NST intends or has allocated
100 million or there about & Supeljack is just to the North, they NST & TAM
would love to have an additional ore source to Groundrush to ensure continuity
of ore supply to C.T post expansion.
There are numerous possibilities Bob- every one wants to lay the boot into ABU
well its understandable given the past, but the past has passed.
There is just to many potentially share price driving scenarios that may or may not
eventuate for me to even consider selling any of my holdings especialy at these
prices.
Each to their own Bob there are regrets but there are also many potential positives
on the horizon, many many moving parts at play here.
imo-glta
salt
(20min delay)