g’day seaemay.
I think their problem with not being able to mine the open cut, is that they have very little Oz underground. Those big announcements were generally over 1m, so that’s not going to add many Oz. Really just not enough to justify a mine.
you’re right in that this means a CR. Unless they strike it lucky and have some of those bonanza grades over some decent metres, I can’t see it going anywhere for quite a while.
I was lucky and got out ok with a nice profit. Happy to have moved on to STM with seriously good management, with outstanding track record. Looks like we’re sitting on a monster.
cheers,
ned.
Ann: Trading Halt, page-19
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