I’ve got low to no expectations on Great Cobar. This paragraph and commentary in the quarterly call tells me this may not be priority. A 1.5km decline in from New Cobar will not be cheap and the ore is not particularly high grade as you say. I’d actually be surprised if they publish anything on it - I more suspect they’ll just talk to it on the quarterly call.
What seems to be the bigger priority is the high grade copper corridor to the north of Kairos. With all the underground infrastructure that exists in this area - this copper resource will be much cheaper to get to - they’ve just got to drill it out to identify how big (and what grade) this copper zone is.
AMI Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held
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