FAU 0.00% 0.2¢ first au limited

Maybe much more drilling needed though ..IRC got their hands...

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  1. 6,287 Posts.
    lightbulb Created with Sketch. 279
    Maybe much more drilling needed though ..IRC got their hands full with MRP merger -Coolgardie Gold plant project deal ...

    and after that's done IRC will have major Gold resources + land why they would want to pick-up and purchase more I don't see unless FAU will do a deal for scrip etc...

    More likely FAU will continue to work to prove up a JORC resource and do what IRC did with
    Teal camp and toll treat at Lakewood mill etc

    Or maybe NGF might be keen one day as they purchased one of IRC projects years ago .. but IMHO IRC will be cash strapped needing millionsto pay FML and raise to get their own operations up running I just don't see them coming to FAU with chq book in hand ...well not for many years
    Last edited by Sharetrader78: 18/03/19
 
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