Not for me. The secret to success with these guys is the size of the deposit. There is clearly lots of copper around at a fairly consistent grade - both at LF and ND, likely in other untested areas too. IOCGs are often large-to-very-large, and they haven't got close to finding the limits of this deposit.
With $20m to spend on drilling, we'll find out in due course how large this really is - and the longer it takes to find the limits then, by my reckoning, the larger the deposit. So every result where they increase the footprint is a step in the right direction. Overtime this should be reflected in the market cap. As others have said - it will be a bumpy ride... so hold on tight!
Dingo.
Ann: Exceptional Drill Results at Greater Duchess 24m @ 5% Copper, page-121
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Last
36.0¢ |
Change
0.005(1.41%) |
Mkt cap ! $61.89M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 36.0¢ | $61.00K | 165.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26522 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 36788 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CNB (ASX) Chart |