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Brad indicated early in December interview that he wanted the project back he would not be so positive to say that when we had been waiting for Newmont to complete the JV. Again he said at the AGM that he wanted the project back or strike a deal. We dont know what the deal is and can only guess. he was very positive about this.
We still have lots of obstacles to cross ie if we do get project back then need a partner who will spend big time on Anza but they will want a big share of the pie. Also at some point maybe May June or July Q2 or Q3 we have to raise cash to support other projects.
However, Newmont and Agnico had done alot of work on these sites which I hope will be given to Brad lots of soil samples etc we have additional drilling as well so lots of positives.
But we need a great partner to takeover where Newmont left off and its a fact we need to issue lots of shares. What you say Seingred.
Well done to all those who bought in 2s and 3s and 4s and now 5s.
Think we got lots of positives here, a strong bull market in gold will help. Good luck all.
As Ive said Brad and co may have agreed a plan but it will have to go to Newmont Board approval. Big companies take ages to agree, next board meeting maybe in late January so maybe feb before we hear something.
All guess work from me.
I can only guess but some sort of deal must have been made by now as I said earlier Newmont will want to get approval from board before its announced.
Long over due as you ve said RNS will be in abundance in second quarter of this year.
Funding will be key going forward, what we do know is the next round of 40 RC drills due to commence in Feb are funded.
That will be 75 further drill results plus ASX and CSIRO reports in.
If as expected all goes well, cornerstone investors/nav partner/partners will be all over us.
Exciting times ahead.
Remember.....no duds
Pretty much played out as i have been saying over the last few days…seller looks to be out and the MM’s knew this was the case.
This explains why they were happy to take large quantities as they could sell them higher.