Yeah, it's all a bit curious but not actually negative. Creasy hasn't sold out (no reason to) and only the very bottom of the tenement was drilled, all drill holes appear outside the seven priorities (some are pretty close so maybe they were the two eliminated areas). If they pull some conductors from the survey then all good, plenty of money, other tenements and as the gloom spreads there'll be some bargains out there for LEG to pick up. How many other companies are there under 1c with this kind of cash and investments? Plus, I think I worked out Mark Wilson put $216k of his own money in just a 4 month period this year so there's enough confidence there by those in the know.
I am still curious as to what extent Ponton conducted a ground survey or if they just did aero and fast tracked the drill schedule. Or if there was only a small partial ground done.
LEG Price at posting:
0.9¢ Sentiment: None Disclosure: Held
