RE: Cameroon - new Gold District31 Mar 2021 12:27
Well listening to the investor call. Tim specifically says the value they add is at the early stage exploration work, getting in and understanding the geology. This was in response to someone asking if they would take on more mature projects. The way I see it is they will keep looking fo rJVs on their licences. They do the early work exploration and then JV the ground.
This is why this could be a very good long term play with decent money coming in. Then they will have cash to flip on new licenses and new exploration work as the royalties keep coming in.