MZN 0.00% 8.0¢ marindi metals limited

Ann: Marindi enters agreement for the sale of Bellary Dome, page-14

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 773 Posts.
    lightbulb Created with Sketch. 115
    ghosta,
    That's right, also bear in mind Simon Lawson's background - he literally knows more about gold exploration than anyone !. Gotta trust he knows what he is doing.
    With the Bellary Dome deal we retain great exposure across a broader range of tenements without it costing us anything.
    I'm actually happy that they seem to have some laser focus on one area instead of trying to handle multiple projects. Forrestania has enormous potential.
    There's been criticism ( unjustified in my opinion ) in the past that they're always chasing the next big thing. There's also a lot of hate floating around regarding Marindi's crack at Kidman. Again, I don't blame Joe ( It was probably worth having a go, given what was at stake ), they just should have fired up earlier in the piece rather than waiting 7 months. The lawyers may have been egging him on a bit as well.
    Things have settled down now and we're in a much better space. Lots of work has been done over the past 2 years identifying targets in Forrestania, and it should start to pay now that the drill bit has finally started to spin.
    I think they'll probably look at doing a JV on the Prairie Downs Zinc Deposit and don't forget they have 1000 km2 in that area including the gold target Deadman Flat + that whole Newman area has potential for conglomerate hosted gold as well.
    Exciting 6 months ahead.
 
watchlist Created with Sketch. Add MZN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.