Yes, definitely a very savvy move for the long run, quantifying up resource. 5Moz is the way to go if you are serious about having insto's sit up & take note! $1 sp is what it takes to attract the BIG league although, they will need to measure up some sort of JORC so as to have indicated resource & a reserve to flaunt! However, what will the expense be as far as further drilling campaigns & the like?
Won't do squat in the short term as that's not the purpose of tenere acquisitions.
I'm beginning to see ABU as a longer play investment with a rocky short term reward sp wise. Mid term? That I cannot guess as you'd expect sp to dance to the tune of sound production figures as the gold pours keep coming. Commissioning finalises & we get the plant running well then, that nice quarter report
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