DIO 0.00% $1.27 dioro exploration nl

The updated Frog's Leg feasibility should be out in a week or...

  1. 2,218 Posts.
    The updated Frog's Leg feasibility should be out in a week or two (originally due October) - this will give an idea of the numbers of processing the ore through the new Mill. We should also see the follow-up drilling to those nice results released in September regarding the deep area between Mist and Rocket. If they are good, we might see an additional 100-200,000 oz in the next resource updated in the next year. We shall have to wait and see.

    There will be a modest (say $10 million) capital raising on the TSX once the listing is secured there to broaden the holdings of DIO in the retail market. By that stage, we should also be in production.

    I've said nothing new, but any people getting impatient should I think wait for the various developments this month.

    Angus

    PS I substantially increased my holding today.
 
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