Andrew approved the belowDrilling at Nhacutsehas identified infill and expansion drilling that needs to be funded as apriority. The company would want to prove up its stated goal of 100mt+ at bestgrade resource and we are now comfortable of that potential withinKoko/Nhacuste/Poiombo. We will now drill this expanded program while startingexploration at Marao.
Given ourexpectation of Auger drilling at Marao, which is due to start soon, the companywants to be in a position to commit to an aircore program as soon as Augerdrilling identifies targets.
Plenty of news flowto come. A cap raise now will fund the above and MRE works through to Q2 2022.
Add to that thesignificant rise in Ilmenite concentrate pricing, a well funded junior in theHMS space with tail winds for the first time in many years and an activeprogram of exploration and development …………….could be good for shareholderswith 2021 being a potential re-rate year.
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Mkt cap ! $10.84M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $667 | 166.6K |
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No. | Vol. | Price($) |
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17 | 25030718 | 0.3¢ |
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Price($) | Vol. | No. |
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0.4¢ | 21658483 | 36 |
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No. | Vol. | Price($) |
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27 | 32350476 | 0.002 |
25 | 67500234 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 20893483 | 34 |
0.005 | 12726988 | 13 |
0.006 | 20911252 | 13 |
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