CPM 10.9% 5.7¢ cooper metals limited

Ann: Mt Isa East Cu-Au Project Exploration Update, page-21

  1. 798 Posts.
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    Good to see we’re back to where we were before the beginning of this market correction (which still has some way to go from what I hear) but deeply satisfying to see cpm bucking the trend in a sea of red. As we all knew they would, still a way to go yet, but June results might seem a bit optimistic, beginning of June might see the assays get sent off to the labs, but unless they’ve got a machine for onsite testing, I’m thinking the labs will take some time, like last year there was a 3-6 month turn around on some labs, I’m not sure what the sitch is like atm, hopefully they’re not backlogged up to the gills like last year. I’m personally thinking, 1 month for drilling, then 2-3 months for results? Maybe? So maybe august -September. If the regulatory approvals have all gone through in any case for the rest of the drilling. Fingers crossed it’s sooner rather than later, AIMHO of course, GLTAH it’s only a short while now to wait till we get a banger of a run like cnb or better.
    Last edited by madkat: 25/05/22
 
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