re: Ann: Conditional Agreement to Purchase Mo... This is a surprising move.
http://www.monaxmining.com.au/site/projects/waddikee.html
The project is located right next to Sugarloaf (in a north direction).
The grades are decent but what may really catch the eye is the rock chip sampling for flake size.
Maybe we finally have large flake? Of course take it with a grain of salt as these are rock chip samples as opposed to drill samples. At least prelim results are encouraging. Maybe our R&D is going to come in handy once again.
Unsure of this move in grand scheme, as we haven't drilled Sugarloaf and we are looking to take Campoona to production.
More than happy to hear thoughts.
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