The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
T4 of course is where ' MOD intersected very promising copper mineralisation in shallow RC drilling in February 2016, including a notable high-grade intersection of 2m @ 6.1% Cu and 111 g/t Ag from 101m depth in MO-A-04R. Drilling stopped at T4 once the T3 Copper Project was discovered in March 2016.'
Typo- for my first coords I meant Lat: -21.61450 E of T23
Also if you check T4 there's been some real action there of late Lat: -21.54060, Lng: 21.65380
Yes looks like they've had a prod at those coords Hydrogen. The area I've been watching is about 15km NW of Ghanzi and E of T23. Lat: -22.61450, Lng: 21.49150. Thought it might be a farm at first but the zone fits the description from SFR. We'll soon see I hope.
Could you give the coordinates?
You did say East East South so maybe you mean elsewhere. Shame LSE forums aren't advanced enough to share images
If the zone you're referring to is the patch just NE of A4 grid Hydrogen, I was told a fair while back that it was the set down camp for rigs, machinery + stores. Not sure if KS was trying to put me off the scent but that came from him. The squarish boxes there are different to the normal round drill pad shapes. If that's the zone you mean? It's about 1km from the eastern edge of A4 grid. I'm keen to hear about the targets T23, T4 + T46 around which they've apparently hit something of note.
Not a comprehensive list of domes and other targets, as they come and go with new ones emerging, but just to demonstrate the potential of the 2% NSR on the copper, silver and any other economic minerals they find in the prime zone where MTR holds the royalty:
A1 A3 A22 A21 A27 A26 A10 A23 A24 A25 A9 A19 A4 A17 A13 A7 A11 A8 A5 T2W T2E T20 zone T4 T23 T22 . Possibly T25 as well and any you can think of. Stunning !
Lol RR25. If you actually check in detail just where the prime Dome targets are, you'll see they're well within the 2% zone. It's only the postage stamp area that is T3 that is capped at US $2m. I sense you're new to the KCB :)
Lol RR25 haven't a clue what your point is but it doesn't take much DD and IQ to realise that MTR is undervalued. Let's reasses the value of the NSR once the A4 extension drilling updates are out. A1 access updates will be out too and hopefully drilling there soon. As you well know from your in depth research the instant hits MOD had at A1 in 2018 were mighty impressive. A1 as of course you know is within the 2% NSR zone. SFR have hit just N of Ghanzi too. KML news soon, Armada drilling soon, and plenty of things cooking. First stop for me is 20th Jan with the SFR online presentation which I'm sure you've already booked. If the clouds clear over Endurance we'll be able to see if KS has sent any rigs to the boundary there as he must be rather curious.
Meanwhile, just 30km north of Perrinvale https://thewest.com.au/business/public-companies/massive-sulphide-hit-in-wa-drilling-for-twenty-seven-co-c-5061686?utm_campaign=share-icons&utm_source=twitter&utm_medium=social&tid=1640247264458
One factor that might be significant with the KML exploration is that the mineralised area to the west of Endurance at Hole KITE-020 looks to be running into the SFR licence area.They'll be watching KML progress keenly. I think the small focused area of interest for KML will be just to the east of the latest 2 holes 028/029 and about 6 km SSW of T3 Motheo. If they do hit the paydirt SFR surely won't hesitate to make a bid for it, being even closer that A4 Dome and a perfect satellite for Motheo. They'd just need to add another ball mill to Motheo plant. I wouldn't be surprised if KS sends a drill rig to their side of the boundary with KML. Fingers crossed the assays for 028/029 come back positive
Bluebird finally settles with SAU. https://www.asx.com.au/asxpdf/20211221/pdf/454dd7zwdnb3tt.pdf
More likely to take part in the latest THR CR IMO
https://twitter.com/metaltigerplc/status/1468940085009788931
They certainly seem to be getting closer to better results with the news of alteration + quartz-carbonate veining/ sulphide minerals etc. Maybe just a matter of time and resources, so the question is can MTR + CBE hit paydirt before they need another to help with drill funding ? In smart Alec hindsight maybe a shame they didn't explore this part of the Endurance area earlier as I see the area marked as new targets south of T3 is just where there was talk of abundant traces of copper when they drilled a water borehole way back in time. Adam has been highly strategic with text book correctness so the the licences are now well + truly logged, but we investors need that hit to regain momentum I feel. Maybe square one will be the jackpot. Fingers crossed for the new targets and 2 new holes.
https://twitter.com/CobreLimited/status/1465840621394956290?s=20 Positive note by MH. I sense an Endurance ANN update on its way.
I won't labour the point DP, I agree with your frustration as I've held a big chunk for coming on 6 years, but I am grateful to and respect MMc & CH for preventing my investment from going to zero while sticking the course to try to turn the company around from the previous cavalier management. Discussing sensitivity is always a subjective issue but I'm not here to bicker.
Keith I took exception to DP's sentence. "if you're on the bod you're laughing" which isn't the case at all.
Yup, not a good return so far unless you sold on spikes and bought lower etc. But unfair to say that the BOD are laughing. If you knew them you'd know they have always worked their hardest since rescuing the company from near disaster after the Borelli T/O attempt. The company is now solidly underpinned on future NSR which is fine if you can wait. I'll do my best. As SFR sp inevitably rises and releases new KCB discovery news, that will help MTR value, plus all the other possible catalysts I mentioned recently. The narrative that the BOD are a sneaky bunch is unfair and below the belt IMO. Consrtructive criticism welcome but not low punches.