Member Info for ogm4

Indeed, meanwhile people keep on nibbling shares...

Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom

https://www.mining.com/web/smaller-aerospace-suppliers-scramble-for-titanium-workers-in-shadow-of-travel-boom/

A few weeks ago I did a rough ore in situ calculation comparing Empire with a number of other TiO2 miners both Ozzie and non-Ozzie. That was based on what we knew at that time, ore body 2km x 800m x 150m and even taking a conservative approach. Now as I am currently abroad I don't have the data at hand, but even then Empire could compete easily with the say 80-120 Million AUD market cap companies taking into account size and grades. This week we learned the entire discovery could be in terms of size significantly larger i.e. factor anywhere between say 20-30 up to much higher than what we knew before.

Mind boggling really...

"Inverse of Mount Everest"...

Good morning all.

Yesterday's RNS is another confirmation/step in the right direction of Pitfield being further derisked. We're not there yet, but latest indications bode very well in terms of massive scale and mineral composition.

Slowly but surely it will now start to become really attractive for Majors to consider setting up a JV with Empire also considering the growing global TiO2 demand.

Note how the word "potential" is now being replaced by "confident" and "will have..."

Today's RNS is another game changer.

"We believe Pitfield is truly unique in its scale and character, and I am confident that with further exploration success and studies we can demonstrate that this is a world leading discovery of titanium rich mineralisation which will have globally significant economic value."

Note how the words "potential" is now being replaced by "confident" and "will have..."

Today's RNS is another game changer.

Still on today's leaderboard I noticed, more attention will indeed be good to sustain the shareprice

I guess more TR1's coming in soon

Honestly this is getting bigger and bigger with every update coming from Shaun and his team!

Shaun Bunn, Managing Director, said: "It is very exciting to see the results from our initial petrographic and mineralogical studies, confirming the presence of ilmenite within this exceptional titanium-rich mineral system. We have a magnetics anomaly covering 40km by 8km, whose core is 30km long and extends to a depth of at least 6km. This magnetics anomaly appears to be coincidental with the currently known extent of the ilmenite mineralisation.

Ilmenite Confirmed as Key Titanium Mineral at Pitfield

Significant Magnetics Anomaly extends to a depth of at least 6km

******** 6 km in DEPTH !!!!!!!! *********

This is a MASSIVE discovery !

.

Look at TNG operating in Northern Territory, Australia.

They've got very similar grades TiO2 compared to Empire with a JORC of 160 million tonnes in situ and confirmed to be commercial.

Pitfield potentially contains significantly more ore rock than TNG as it is an absolute monster. Do the maths and see yourself.

TNG secures $140m for Australian vanadium-titanium-iron project

https://www.mining-technology.com/news/tng-140m-australian-vanadium/

"I look forward to sharing updates from across our portfolio over the coming months, including more from our exploration activities at Pitfield, expected during the course of Q3. We are also expecting more news from Eclipse-Gindalbie including further details about the kaolin discovery, plus the launch of our exploration programme at Walton. We are entering into an exciting year of exploration activity and potential discovery, and I remain very enthusiastic about what the future has in store for us."

And back to 2.30p again

The next 6-9 months could be company making for Empire

We might get more TR1s soon.

Let's see what volume we'll get today.

We might more TR1s soon.

Mining mergers and acquistions in Western Australia heating up.

https://www.theaustralian.com.au/business/dataroom/evolution-a-potential-buyer-as-mining-mergers-heat-up/news-story/eafefd11372b9356b7977c7f35968b4e

And still under the radar although momentum is increasing