HLX

0.00%

0.4¢ helix resources limited

Ann: Significant Massive Sulphide Copper Intercepts at Collerina, page-42

First 42 Last

Share
Profile

Follow
11up

6,130 Posts.

204

28/06/18

18:48

Post #: 34019556
Share
Originally posted by La Tache ↑

Great insights,@Technician. Thanks.

Clearly, the exploration is zeroing in on the best targets, which we probably haven't hit yet. I've extracted 4 things that you helpfully highlighted:

the progression in understanding of the orebody e.g. from the 5m @ 4.3% 'scrape' of CORERC0087 to the obviously high grade hit in COREDD0090 from which we are awaiting results. They must be imminent ….. I'm sure they'll be better than in CORERC0087.

"Known plunge corridor length goes from 590 meters at CORERC0087 to 750 meters a whopping 160 meters added with COREDD0090." Indeed! Now we just have to find the sweet spot. Which leads me to the next point. You said: ...

"I'll add to this as we wait for a very imminent and potentially very significant announcement which will have major follow through via the next set of 2x very strong DHEM’s and FLEM." Spot on. While I'm keen-as to see the assay results for COREDD0090 I'm even more enthusiastic about us drilling those plates (referred to in blue below) because I suspect COREDD0090 is still not as the sweet spot(s). My feeling is that (the right) hole in either or both of those plates will be the "don't argue hole".

Yathella, on top of what we unlock at Collerina, will be cream on the cake, gravy, call it what you like. Any tonnes discovered there would be very, very profitable.

View attachment 1168464
I'm very excited about Mundarlo – more than most, I suspect - but I don't want that to distract us at this moment from nailing the Collerina (and Yathella) story, as they should give us the big rerating, IMO.

With limited resources and a possible embarrassment of riches within our portfolio, FWIW I agree with others that proving up our obvious copper credentials should be our focus right now and that Collerina and any nearby lookalike is the obvious way to do that soonest. The latest Investor Presentation shows that management is onto this narrative. Our other assets aren't going away – and can be exploited as soon as possible (but not sooner).

Expand

@La Tache your thoughts on this Government system.
Would it be worth the effort?

https://industry.gov.au/resource/Enhancing/ResourcesTaxation/Pages/ExplorationTaxIncentives.aspx

Cheers
HLX Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

VUL

Vulcan appoints investment bank and M&A veteran to board

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

There are more pages in this discussion • 3 more messages in this thread...

First 42 Last

Add HLX (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $13.05M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$4.418K	1.104M

Buyers (Bids)

No.	Vol.	Price($)
1	5631381	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	41754376	27

View Market Depth

No.	Vol.	Price($)
1	5631381	0.004
38	53282965	0.003
46	129991641	0.002
14	43599981	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	41029376	25
0.006	37165265	29
0.007	12809483	10
0.008	16028969	10
0.009	6922302	5

Last trade - 15.35pm 13/09/2024 (20 minute delay)

HLX (ASX) Chart

Ann: Significant Massive Sulphide Copper Intercepts at Collerina, page-42

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Vulcan appoints investment bank and M&A veteran to board

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Utah authorities sign off on Anson's lithium extraction plans at Green River

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Significant Massive Sulphide Copper Intercepts at Collerina, page-42

Top Stories

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Vulcan appoints investment bank and M&A veteran to board

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Utah authorities sign off on Anson's lithium extraction plans at Green River

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News