Ann: A$10 million Placement to Accelerate West Arunta Exploration, page-47

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Benj1

835 Posts.

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29/05/23

12:57

Post #: 68014264
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Originally posted by Wack: ↑

Morning all.
@ChinaDragon
Caird has been drilled and they would have cores in their hands.
The geophysics applied to that area gave indications and hence targets. How good, we will soon find out.
The latest area that was surveyed, ( gravity ), was done by falcon.
That is fixed wing and on a fine day, is not as subject to variation as I understand, providing it is done with favourable weather.
It was done with excellent weather conditions.
As per my previous posts, WA1 is being priced on that small area of blanket that continues to the ENR boundary.
ENR has not been priced for continuation of that,
Imho it should because it is very unlikely to stop at the fence.
If Caird proves the goods with the geophysics applied, what may lie under that latest survey anomaly?
WA1 found the goods with similar methods.
Wonder what they think ENR may have?
As you say, “Risk reward” pretty dam good to me.
Drilling will be underway at Crean and Worsley as we talk.
Kind regards, Wack

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Hi all,

Could anyone tell me when we expect to see next results for ENR and is WA1 expecting results in a week or two? Not looking for anyone to do my homework as I will go thru ANN's after I finish work today... Just on a coffee break and may look into buying into ENR once I've gone thru a number of reports tonight. Cheers

ENR Price at posting: 29.0¢ Sentiment: Buy Disclosure: Not Held
1 Upvote

0 Great analysis

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