Good long-term hold here I believe. If all goes according to script then we might see the beginning of the infrastructure build at Woodlark, perhaps even the start of the mine's overburden strip by the end of the year. Based on data available to date, does anyone here have a forecast of when we might be in production?
I'm also a believer that once most of the heavy-lifting has been done at Woodlark, for example; mining equipment is on-site and working, as well as infrastructure being erected, perhaps our directors might be able to turn their focus back to Cambodia and the Kou Sa project. I notice that BHP is predicting a shortage of copper within a year or so and the gold outlook remains strong. For anyone interested I've included an announcement GPR made in 2016 re a JORC resource at Kou Sa.
https://geopacific.com.au/wp-conten...ou-Sa-Initial-resource-P150-and-160-Final.pdf
And then there's Fiji.
A lot of potential upside here. An increasing gold reserve at Woodlark with further exploration drilling, and both Cambodia and Fiji potentially being fast-tracked to production once Woodlark becomes cash-flow positive. I know it's only early days and anything can happen, but what more could you want from a penny stock?
Cheers
Rhama
