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Ann: Wodger Drilling Update-Strong Visible Copper Mineralisation, page-37

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  1. 11,557 Posts.
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    I was of the view - as posted a few times - that the competing parties were SFR re Doolgunna and WGX.

    If I am right then maybe WGX won the day!

    But I could be way wrong!!

    This is from a post of mine 3/5:

    Something else of interest and which relates to funding exploration!!! We know that Wodger is being vigorously explored. We also know that first pass aircore drilling is to happen at both Forrest and Big Billy (see page 10). We know that there are new mouths to feed at both Chunderloo and Citra with both to be explored as per previous anns and now the BoD is talking of going gold exploring again at Ross's Reef (page 2).

    Where will the $$$$$$$$$$$$$$$ come from to do all of this?

    The message for me in this was that the BoD was confident that the money would be available. This CR would be about the funding. Also Ascidian needs paying $300k in 2 months' time. We knew that money was going to be very tight to pay that debt without either an asset sale or a CR.
 
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