Strategic Minerals to Acquire Balance of Redmoor, page-7

Great overview, Nod. Thanks for that.

I'm not a fan of IGV for obvious reasons, so it's hard to say what's good or bad if only mgmt have seen the finer details of the project. You'd imagine they saw the costs and risks in getting it to production as less favourable than a cut and run but comes down to what can be acquired now, doesn't it; and how the cash is put to work. It's still not what I'd call a great shell market but good to see the market reward the likes of BMT's recent gold acquisition, despite being a failed IPO last year. POG on the rise, so punters have a thirst for more advanced gold projects. Easier said than done finding these projects but I think that's what most asx shell holders would be rooting for right now.