My 2 pence...15 Oct 2020 11:36
As I mentioned yesterday, company are a long way through the drilling but not finished yet one would assume, this week for sure... In my initial calcs, I didnt take into account moving the rig etc... Youll probably note that the company aren't overly interested in to just pleasing PIs, they know the assets will do the talking, once they start releasing grades and sepths and sources and continuity etc etc,,, then we will see some big uplifts, just have to buy and hold...
Unblievable we are still at £4m, the 211k oz is worth at least £6m on its own, yes will need more money in the future but just look at what we have, we have warrant money, option money, cash in bank, Alfred copper to potential sell or let someone jv into it, and someone will most definitely want to get on board the wudinna assets, and plus Andromeda will also have to stump up some costs in the future...