Yes, very keen to see some drilling programs and hopefully the Bygoo JORC will happen this year.
Current tin price is good at over US$21,000/T, but perhaps not as high as some of the forecasts and might be expected to dip a little in the short term with current economic growth and trade concerns. Bygoo is a good prospect but it is proving difficult to secure investment $ with no JORC and in the current phase of the mining investment cycle. Tailings processing plant next door appears set to go ahead.
I'm coming around to the idea that it might be easier to attract investment for a gold project with prices high, especially if the geology at Chillagoe proves to be simpler that at Bygoo. Hoping we see more details of the plan soon.
TMZ Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
(20min delay)
