Drilling results were less than ordinary but the campaign was fully funded by the Koreans for an earn-in, and of all our projects these offered the least potential - So, nothing was lost!
Madaba access could happen at any time and this will be the game changer on the uranium side of things. This is when things will really heat up as U'GmBH explored both this project plus the Mantra project which was taken over by Uranium One, and they preferred our project. Historical drilling results will tell you why!!
While we wait for Madaba, and continue to press for access there, the company should throw everything at the gold front. With gold starting to make a comeback and gold explorers finding their bottoms and making a bounce, there's a chance here for a prudent management team to raise cash quickly, fund some exploration on the Eastern Rift tenements where the artisanal were picking up the gold from the ground, and add some value to the shareprice so that the next capital raise can be at 10c plus, to fund exploration at Madaba!
Good luck all.
EAF Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
