RE: Value9 Oct 2021 14:18
I think CB wants to drill and prove up a 2mt mine get a JORC with the funds he raised. That would put a value out to the market and move the SP The AA agreement is beginning to look like a poisoned challis. We have drilled 8,000m and have 12,000 left that's $5 million at $250 a metre. Given that the targets are growing in size and number 100,000m plus of drilling is not an unreasonable assumption.
This is going to require funding , to go it alone value and focus has to be the priority.
With AA in the background we have to call their bluff, we want other tier 1 companies to come calling. So 2mt is our get out.
Just my opinion.
Big thanks to you all for the hard work put in let's hope for a big reward.