1.5c by 31/12/2011. Would need Kelly JORCD at + 120,000 ounces for the heads to be over 1.5c you would think, but we have seen 1.6c briefly a year or so ago. Gold is strong and looks set to get a lot stronger IMO. Would not be surprised at all if the oppies got converted. Would be around $4 million for Pacrim. I would like to see drilling at Kelly commencing by mid July at the latest. That would give us a chance to get it Jorcd before Dec 31 IMO. Rigs may be heading out in the next week or 2.
Cheers.
Scorp
PRE Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
