Thank you for highlighting this
A great clip on nearby east OTAGO Macraes Gold mine
Macraes gold mine is the biggest mine in New Zealand. After working FIFO in the mines of Western Australia I got a job out there. This video is a snapshot of working in New Zealand's largest mine.
https://www.youtube.com/watch?v=T1PJOz355po&t=188s
Santana now back above cap raise level.
I notice Peter Cook picked up more shares on market over & above his take in the cap raise.
Hopefully see a rerating if approved as part of the fast track process.
Great drill results for Santana.
This project I think has huge upside.
I see they mention the fast track process as well. Fingers crossed as being on private land, large scale revenue & job creator it must be one of the most likely to succeed.
https://www.santanaminerals.com/asx-announcements
It feels like the Government's resources extraction mandate is heating up with the overturn of the oil & gas exploration ban.
FastTrack bill next?
Watch this space as I'm sure Santana must be bloody high on the list, due to its scale & the fact its not on Conservation Land.
I wouldn't say loaded up. Average sized position for me.
I just think if it is Fast Tracked it will bring revenue forward of what appears to be a substantial & robust project with plenty of exploration upside beyond what is already known.
Fast Tracking will also assist with lending to develop the project.
The payback if all goes to plan is massive.
I think the beauty of it is its not on Conservation Land. Should make things easier.
I also know the Chairman & he's no mug & he's been buying outside the CR.
Santana considering listing on the NZX
https://www.nzherald.co.nz/business/...G6QXJSUCHOVGI/
And a good interview here with the CEO.
https://www.nzherald.co.nz/business/markets-with-madison-gold-rush/YC32DKVOOUGHRV2BZJQ4VZHHOQ/
Those Kiwi imputation credits once gold starts flowing to stakeholders & taxes being paid here would be handy ;)
Probably already a large Kiwi following onboard - list here & fire the rest of the other bits in the SMI bag into a new shell for an in-specie distribution that the Aussies can then have scrap over on ASX ;)