GDA 3.33% 29.0¢ good drinks australia ltd

3m @ 167.26g/t au, page-56

  1. 3,267 Posts.
    matchbox, You could be right about the Corunna downs being a larger resource than the Mt Caudan iron ore, and looks like being higher iron content as well but I don't think CAZ will be looking at Corunna. They will, I'd expect, be concentrating on getting Mt Caudan up and running. A more likely scenario for Corunna might be several of the other iron ore companies with projects in the East Pilbara, eg, FMG, AGO, BCI, GIR plus a few others.
    In other news over night, Lihir Gold made comments about their expectations gold price to be in the US$1,500 an ounce levels.
    Will post their comments shortly.
 
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