Seguela, page-2

Newcrest announcement yesterday.

https://www.asx.com.au/asxpdf/20180130/pdf/43r42dmjgl15w6.pdf

Seguela still headlining their early stage exploration plays for the moment with a maiden resource of  5.8Mt at 2.3g/t for 430,000oz of gold at Antenna which looks to be reasonably well defined now.  

They'll have to improve on that to get a mine off the ground IMO. Still early days with more regional exploration starting now. The royalty should start being worth something if they can get over a million ozs and a viable mine plan. Wouldn't be surprised if NCM don't end up selling Seguela to a smaller company in the end if the size doesn't stack up. Maybe PRU?

Esh