If Anthill holds 160k ounces of gold, and it is one of MKO's smallest tenements by surface area, then it looks quite promising for the other greenfield projects that MKO have going in the region.
Goongarrie JORC next up, then we should get further details on the flyovers. Honestly, for an EV of roughly $6M, it is very hard to see how we can go wrong with this one. A major part of the risk in the stock has been removed with today's JORC, and I look forward to some healthy profits out of this one throughout the next few months.
For now, we can sit back and let management fulfill the objectives that they have set themselves.
MKO Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
