Well reading the short reasoning for the TH we have all come up...

Well reading the short reasoning for the TH we have all come up with the following.

Cap Raising - Unlikely

Funding for Mine approval. I felt this may be the thing but after the phone call in these threads not so sure. I did speak to Derek some 12mths previous and he touted a presell of ore to help fund the mine. Maybe that could be it.

It won;t be the mine approval - thats not a transaction.

It maybe a new project - I sought of hope not as funding it is my biggest concern. Maybe they have secured more tenemants around peelwood. Getting a second project up would be a big ask from a money and staffing perspective. Lets get Peelwood up and go from there.

Maybe the Gold tenements have some thing in it. A JV maybe to develop it who knows.


Any further thoughts post away. Either way it should be positive and just the tonic leading into the mine approval which could drive our sp further than anticipated is great for our small cap company. I just want it to be value adding what ever it is.