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12/04/11
09:03
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Hi all
while I continue to write to myself I am reminded of what we have and why it is so cheap. The news flow over coming weeks and months is as such:
Shareholder approval for mine purchase
MINE PURCHASE, yes that is correct. A mine with copper, gold and silver and the deeper we go rare earths
Tailings of 4.4 mil tonnes
Production within 90 days of purchase lets say approval next week or two. Deal finalised around may/june. We should be mining around sept/oct
Mining will begin before upgraded jorc - plans for twenty or more year mine life
Funding agreements to be sorted next couple of weeks via debt, offtake or equity
Bakina Faso drilling this quarter
Mt Hagen scheduled to drill this quarter
Ausquest to start drilling wyo well (nickel in west oz) this quarter as per my reading of jv commitments
IMHO this is way to cheap but as always dyor 1.3cps???
PG