I think GTS and Kelly may be mined together. Of course if GTS was to be mined by itself it would definately provide enough money for our other tenements. Obviously more money will be required to mine. I beleive the reason why they have decided to raise just $1.2m is so they can get Kelly JORCD by the last qtr 2011, and firm up some other areas. This way when they need to ask for funds to mine it should be quite an attractive proposition. 325,000 - 375,000 ish ounces should be very enticing. Even at $1400/ounce aussie.
Just my opinions, but i expect some long awaited developments over the next 6 mths or so. I've only been in PRE for a few years but i know quite a few have been in twice as long, so hope the rest of the year can put a smile back on there faces.
Scorp
PRE Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
