Hello Fishfinder.
I will answer your reply in the spirit you asked it. No I have not done financial modelling of the current data nor have I talked with fellow geologists. My background is in exploration geology and I reached senior positions with my three employers (all major companies) and I explored and managed exploration projects on every continent on earth except Antarctica. Whilst I am more qualified than Keith Wells I have a very great respect for his ability and integrety both as a geologist and as a Company Director. I too am a Fellow of the Aus IMM and am also a Qualifed Person.
I learnt over 40 years that nature allways has the upper hand and even when one has all the facts, mother nature can, and often does, play tricks. I also learnt that commercial instinct is vital if you run a public company (I was CEO of two public companies).
My assessement of Bundara is based on experience and commercial instinct. I might be wrong, and I have been wrong in the past, but I am putting my money where my mouth is. Today I offered more than a million share for sale at $0.089.
In conclusion, I think Keith is an excellent geologist, I really like his Aztec Dome play, I am not enthusiastic on the gold projects and the lack of frequent news furthers my frustration with these.
Hope this helps.
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