Totally agree ST, would like to throw this scenario out to you for your comment ,with JP's stated intention in the last drilling program for 2019 issued recently to be aligned with the take over and mergers of FML & MRP this would combine with our resources in the Kalgoorlie areas ,this would bode well for two mills producing within the next two years, but of course this would require substantial funds .
A bit out on a limb from Kalgoorlie is the Menzies /Goongarrie resources ,what if JP is satisfied with becoming a mid tier producer consolidating around Kal IRC could prove up more Oz's in Menzies /Goongarrie to say 230,000 oz and then sell off ,similar deals have been done with other companies recently for $100 oz ,and that was when gold was at $1600 ,today with gold at $1800 , should be worth $120 oz .
If those figures could be achieved the resource would be worth north of $27,000,000 ,that would be a big help in the consolidating plans for Kal what do you think,
IRC Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
