A very timely request as it happens, Tram09, since Coolgardie...

A very timely request as it happens, Tram09, since Coolgardie Minerals Ltd (the former Golden Eagle) has just this very morning sent out the following Update to its shareholders:











Several dismaying points there, I'd have thought, for the piratical hopes of the black-sailed BNR. Eee-aargh!!!

1. CML has received all Mining Approvals for its Geko gold project. (Surely one in the patched eye for BNR, when its hopes turned on those Approvals.)

2. BNR's royalty through GPL now appears in jeopardy (the fact of which, incidentally, your Board appears to have neglected to inform shareholders or the ASX since 27 Oct 2017, when CML terminated the Tenement Sale Agreement.)

3. It's all business as usual at the unlisted CML - management working to finalise a contract mining agreement and toll treatment schedule with a local gold processing operator, while awaiting results which may indicate extensions to the Geko pit to the north. And yes, raising a little more dough. (Compare and contrast the achievements of the BNR Board over the same period.)


Be careful of those cutlasses and grappling hooks on the way out, fellas.

The plank, that-a way...