One thinks we must be very close to an Announcement on the recent drilling program.
so here are some of the positives I see...
exploration target of 180200 million tonnes of magnetite
The magnetite-vanadium-titanium mineralization at Unaly Hill is associated with a pronounced
aeromagnetic anomaly which can be traced for about 11 kms in BRDs exploration licence. This
magnetic anomaly extends for at least 2 kms along the strike zone within the Meteoric tenement
An arrangement for a JV with neigbouring company MEI inlcuding arranging rights over the small parcel of land between the two tenements secured under a prospecting license.
Only 30km away from windimurra with its 90% complete facility..(great for processing should there be a significant find)
And this one has still got me - the drilling company is being paid in shares valued at 1.2c and they accepted it??
(maybe they knew what they pulled out of the ground??)
So as I see it, most of the pieces of the puzzles are there... hopefully they will come together....soon!!
(Still waiting for the leaky boat young trader)
the above is only my opinion DYOR :)
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