HI Benz,
Most things are all about timing and the timing for copper couldn't be better. We are living and investing in a world desperate to move to green energy. Governments around the world are living with the possibility of a bit of inflation and adopting the Modern Monetary Theory. Hopefully the money they are printing to fund Infrastructure and subsidies for green energy and transport will make our day.
Having decided to give Kriging a wide berth after reading the boring parts of the MRE I did come away thinking things are looking pretty good.
Knowing Peter ends up coding blocks 4m long x 8m high by 2m deep helps to understand the MRE elevation with its red Indicated blocks and blue Inferred blocks and I guess white mystery blocks.
Its pretty obvious that there are more white mystery blocks than red or blue and our MRE of 2.2 m.t. comes from way too little information and is Just the beginning.
Its not hard to imagine that all those extra intersections, within the MRE area and beyond it, will translate into more red and blue blocks.
The quarterly tells us there is more drilling happening at West Kavanagh, South West Kavanagh, Spitfire followed by Nugent and then Stella. The CR presentation mention drilling at North West also which was not confirmed in the Quarterly.
I guess the next drill cross section plan will have intersections spaced about 30m apart from top to bottom so Peter can Krig the whole resource in 30x 30 X 6 blocks and colour in as many of those white blocks as possible.
Another Plan that interests me is the following one. Its nice to see all the >3% yellow bits showing up at Mathew Valintine, Paringa and Emily Star.
Emily Star looks like it has a lot of promise. I guess there is a good reason why the the Drilling program is going further afield to Stella and Northwest and not concentrating on these targets closer to the plant.
Earlier dispatches indicated that Emily Star had a higher priority than Stella, North West and Mullewa which seems completely logical. I hope Lachlan is ensuring Peter is fully focused on the main prize of filling the plant and we are not having a revisit to the folly of exploring stuff that isn't on the critical path to achieving that goal.
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