IPT 3.70% 1.3¢ impact minerals limited

Ann: Pause in Trading, page-30

  1. 34 Posts.
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    Aspley or Rockwell? Personally I am not too fussed either way, as we know that we are expecting updates on both imminently.
    At Aspley, the IP survey was completed in November. This data is/has been "interpreted and synthesised" with the recent soil, airborne magnetic & radiometric survey of the area. Is it worth a trading halt once this is completed and looks "interesting" ? Maybe. It is great real estate and needs good drill targets identified. The marriage of the four above-mentioned exploration tools, if it all matches up, could certainly tweak some interest ahead of a 2021 drill program.
    My thoughts though, are that the results for RWIPT009 may have been rushed through the lab ? Impact have been keen to prioritise assays of the intersections that stand out in the XRF analysis.Given that RWIPT009 was the "breakthrough hole" in the previous announcement, it is just possible that Impact have paid a small premium to expedite the assay result. From memory it had disseminated Cu & Ni and fit the vector ratio to indicate the presence of elevated PGEs. If we had these results though i'm not sure why the halt until Tuesday ?
    It is worth noting that whether it is Aspley or LBHG, one would still need successful drilling next year to validate the surveys, and one would require a lot more follow-up, commercially viable drill results before either could be considered a winner.
    Irrespective, i'm a greedy bugger and would like to see both Aspley and LBHG kick butt, so in this instance I will wait patiently to see what transpires.
 
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