great to see drilling about to start at Jungle Dam with plan to get some sort of JORC resource by mid 2011..is this optimistic?
I think Jungle dam looks the goods, especially if they can define some DSO tonnage. THis is probably my main motivation for taking a position in this stock.
Ironclad and Trafford are nearby and are at the feasability stage with their Wilcherry Hill DSO and have the infrastructure in place to kick off export from this region.
Early days but well worth a punt..
DYOR
SNU Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Held