This image shows the immediate exploration potential at Roseby. Its mostly untested but they may well be scratching the tip of the iceberg as far as high grade sulphide mineralization goes - and that is just for starters. It may have made sense in the past to get your mine up first and use the cash flow to continue exploration but not sure if that will work post-GFC. They need to fire up the punters with some high-tenor sulphide hits, talk up the nearology - maybe start drilling on some other tenements, keep the mining (even a resource) somewhere off in the distant future. Works for Wayne MacCrae ;)
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21.0¢ Sentiment: None Disclosure: Held