grade is king goldi .. um luna, but as TAM have shown poor mgmt can screw a good orebody .. Coyote could have made a buck if it was managed properly. It still might as part of an expanded project including OP.
The ABU team have staged this well, focussed on the right asset and not been distracted by Bucineer (questionable asset IMO) .. . the tyranny of distance is an issue . . Gold Road should also take heed. Need a much larger (or more endowed) deposit to justify the investment in infrastructure, this purchase may make everything possible . . I like OP, and the geological information yielded from the trial mining will be invaluable for mine planning - this is critical for a high-nugget deposit, with not many opportunities do so before full-scale production.
Luna going to Diggers this year? Champers and canapes? ;-P
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