Mt Bundy is why I originally invested in PGO, given the large...

Mt Bundy is why I originally invested in PGO, given the large land holding across numerous fault zones that haven't been drilled for 20 years prior until primary's involvement and existing resource. The green tape and NT EPA are still an issue but it's less stringent, given the assets are all existing mining sites.

Any takeover offer should be well over 7 - 8 cents since that's Hanking Investments original placement price within the company, if I can recall correctly.

I've also confirmed that all of the $3 million drilling for equity at Mt Bundy, offered by Ausdrill hasn't been drawn yet and will be utilised later this year and the ESI for Tom's Gully will be progressing toward resubmission in Q2.