tennant creek massive amount of gold, page-2

Only have EXM and not sure how they will move into production unless they can get use of some existing plant out at Warrego that I think all belongs to ERM.

But you would think if they can get going the silver lining is there are many staff that have been laid off around the country in the mining industry so getting staff to Tennant Creek may be a lot easier than what it would have been 12 months ago - and the NT Govt is keen to support and assist new mining companies

1.2 million oz is about a resource worth around $A1,740,000,000 with the current gold price around $A1,450 per oz. (Yes i know it costs a lot to mine and produce and get it out of the ground so that figure is of course not the value but heck it looks good.)

Hoges