RE: Placements19 Mar 2024 07:33
I’d say no, neither are good comparisons. What asserts has CNR got... La India has a resource of... They are way ahead of here. Outcrop, are they even on the AIM market? Orosur are basically starting Brad new exploration solo on Anza, something they’ve never done before. Obviously the majors have spent 30m plus on exploration, which hasnt given out too much to the public which was there intention all along. A hell of a lot of field work, sampling has taken place with 150 staff on site at one point that’s where, in my opinion, a lot of the 30m went. The sampling on previous thought untouched sites the market as never seen, even in care and maintenance they had a few Geos still on site. The majors released as little as possible during there time here. The data is now in Orosurs hand, the secrecy will be long gone. I agree there will be dilutive along the way which is expected with exploration at this stage. Here’s hoping the board find someone to help with finance if Anza is deemed attractive enough. For all we know the board could already be in talks? Most of it is guesswork at the minute. The cost of Anza coming back will be nothing up front and payment years down the line, Brad has reiterated this is the last few webinars. I agree finance is the main factor here.