MOE 1.76% $5.21 moelis australia limited

resources growing quickly, page-72

  1. 22,691 Posts.
    re: significant increase in gold resource estimate Yes, it is a problem. Perhaps that may be the reason, there were no suitors. The Congo may have told them there was a dispute outstanding.

    Ii has nothing to do with safety as fighting was mainly on the western border.

    I mentioned before that I expected a total resource of 15 mill ounces on July1 and here we have 16.1 mill ounces already now.

    They could finish up with 20-25 mill ounces with grade 3.0 gr/tonne. a true global discovery, worth a lot of money.

    I am waiting for developments,

    Gerry
 
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