I would think that any decent exploration at Burraga, we would not need to even bother with Nelly/ Aus van.
Stick to something local, with the ability to increase value.
I dont know - opinion reserved with regard to Nelly. High quality , maybe. Historic. Should we stretch ourselves too thin, to move any forward significantly ?
Aus Van ? just green fields exploration ? forget it.
Important to be focused, on what can be credibly added to value, not just rock chips.
If Burraga is drilled to validate other lodes of copper etc, then the re-rate would have legs to build on, and dilute at higher prices.
Issuing that much script previously to be popular in the Vanadium heat, was really just throwing script away, and expecting the HDY shareholders to gulp it in the fever of the music when it was playing loudest.
Where is the heat in Vanadium at the moment ? Most ASX V stocks are deflated.
HDY Price at posting:
0.4¢ Sentiment: None Disclosure: Held