BWN 3.79% 68.5¢ bhagwan marine limited

I note that the amount of drilling required to have been...

  1. 159 Posts.
    I note that the amount of drilling required to have been completed to announce an "exploration target" (which must be expressed as a range) is significantly less than that required to define a "resource".

    BWN needs to announce "exploration targets" for its more advanced projects to underpin and identify value for shareholders, to put it in a better position to raise capital.

    This would be in the best interests of shareholders, and is sommon practice for juniors.
 
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