Well what have we to look forward too ? 22nd October today... Drilling could start next week. Gravity survey over the first x 3 IOCG targets very soon...
Cobra is starting to prove the true potential of Wudinna...
From a £6m market cap mining minnow...how much upside have we here....
We have a bolt on 500 sq km tenement 100% owned that we have not even assessed as yet....
Here is my take... in 2022 THE YEAR OF THE COBRA.... Rupert will make an IOCG discovery and the SP will be hovering around 20p same time next year..... but there will be so much more to go at ... 2500 sq km ....
Lupi, Sometimes the finance is cheaper through a broker.... Same as a restaurant buying veg from a supermarket... Sometimes cheaper.... and easier to get hold of. Matters not with a 3 or 4 year pay back....
I have a small holding here now and thinking of increasing it .
What is a mine worth with 2mts of copper @ these grades.... Not the best but lots of it... and a porphyry on its side so open pit ..cheaper extraction....
Market cap now. £50m... 850m shares @ say 6p
what have we got to look forward too not being silly... conservatively ??
Copper is only going to increase in value... $12k...$15k , $20k ..$30k ... by 2030
What we have in situ is only gonna get more valuable.....
Gold.... Prices are sky high..inflation..... Gold is the proven and ultimate hedge when and only when the interest rates rise Next year they are going to have too... or we will be paying £500 for a meal for 2.....
Good gold assays are coming ..extensions being drilled ... They will not be drilling for fun... Leach heap process for a bit of income a maybe...
Why would Poly Metal send GEO's out... Cos they are interested.... Could we have a JV....
Canada... only 21 sediment basis world wide.... If a mega grade economical resource is proven .. sky is the limit....
Low market cap ... Very few shares.... a great time to be invested
I have a really good feeling some mega news is coming....