ROL have some nice looking ground and it seems to be quite an extensive holding. Many times bigger than AUKs W'giri holding. They also seem a bit further along the met pathway and have evidence that heap leaching works. As heap leaching is just about the cheapest way to extract gold that will have an impact on potential capex requirements. Also I think ROL have about 270kt of lead and zinc and about 43kt of copper in there as well. Thats actually worth quite a bit. Might check out the distribution of the sulfides and gold, but I would have thought too much zinc could stuff up your heap leaching.
AUK Price at posting:
6.3¢ Sentiment: None Disclosure: Held