I don't really expect the appointment of a new Chairman to have much of an impact on sp in short term, unless its Twiggy or Creasy perhaps!!??
I am happy to see the new board is focussed and thinking a little outside the box.
I spoke to a director on Friday. They inspected Bonnievale this week and were impressed by the quantity of dumps and tailings on site. The remains of the historic battery were still evident. These early process facilities were very inefficient which means that the tailings etc could be quite rich given the grade that was mined here.
They need to do more sampling to quantify what they have. Apparently there is milling capacity in the area
It appears they are looking to exploit these on surface 'resources' in order to then commercialise the Mt Stirling resource.
TNR Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
