RE: Todays target5 Nov 2020 14:16
In short. (From memory) We are currently drilling up to 10,000m across Wudinna. There are 22 main targets and 4 IOCG targets. 6,750m will be focusing on key areas outside of the current 211,000 ozs jorc resource, with the aim of proving up 1m ozs. I think Richy (again from memory, so apologies if incorrect) had word from Craig that IOCG is definitely within scope of their plan, but what’s interesting about COBR is that they are a bit geeky and meticulous. The pathfinder approach we are deploying is either going to be a big win for us and the industry, or not. It’s designed to streamline our costs and to define drill targets more accurately, leading to less machine gunning and more sniping.
I know I’ve missed loads, but this, being main market, well funded for its current needs and with a 211,000 jorc already, is remarkably undervalued.....at the moment.
Oh and results start coming in next week