KML were using Discovery Drilling (who drilled the T3 resource for the MTR/MOD JV) . Discovery were also contracted by SFR . Unfortunately the drill teams they sent to KML didn't have the best kit and their productivity rate was comparatively poor. Hence the switch to Mitchells who proved to be the bee's knees. I've followed the KML story since MTR bought into Kalahari Metals and pre Cobre involvement. The then CEO and top geo at KML is Adam Wooldridge, a real pro.
I'm expecting CBE to focus on the KIT-W targets next. Hopefully the mineralisation flows through those targets as expected.
As for the focus on varying grades , just wait to see the grade variations if they start 50m spacings. The big picture is always the most important for longer term investors, and not the varying sentiment on just a few holes, that's for day traders. As Terry Grammer said : There'll be better and worse holes- it's the nature of geology.
Check out the variations in Phase 1 infill drilling on the T3 grid:
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Last
5.1¢ |
Change
-0.003(5.56%) |
Mkt cap ! $16.88M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.1¢ | $15.59K | 299.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15683 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 92592 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15683 | 0.051 |
2 | 120000 | 0.050 |
1 | 100000 | 0.047 |
1 | 10000 | 0.046 |
1 | 300000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 92592 | 1 |
0.055 | 223961 | 3 |
0.059 | 302937 | 3 |
0.060 | 100000 | 1 |
0.065 | 21269 | 1 |
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