RE: Tiger27 Jul 2018 10:01
On 17k sq km of Kalahari Copper Belt JV land I think you can safely take it to the bank that, yes, they won't be able to handle it all but that's not Tiger's MO anyway. Production is for miners, like Rio, we take the early/hot exploration profit, bank it, then move onto the next one.
Could be an incredible six months there - $400-500m NPV 38%+ IRR in the bank via the initial T3 project PFS with 10 major drill targets to hit (they're all huge!) during H2. First holes hit 67m intercept three weeks ago - the biggest ever on this land, expecting more drill holes/assays anytime, certainly within the next week.
Every new find is additive to/improves what we think/know is already a bankable c5p target which, funnily enough, is what Rick Rules MTR average will be when he takes his £10m in 6p warrants - go figure ...