Not to be a negative nancy but going through the exploration projects while Gundaroo has pretty nice grades and hasn't been drilled significantly its current resource is only 2.7mOz compared to Wonawinta at 26mOz.
Certainly there is some nice upside along with the idea of a "Winduck Super Project" which I see more as a lottery ticket - in my opinion right now the money is best spent on increasing ore throughput and expanding Wonawinta reserves
Just my 2c
CCU Price at posting:
37.4¢ Sentiment: LT Buy Disclosure: Held
