Ann: Alma Raises $1.77M for Additional Drilling at Briggs, page-18

Ksvs,

The grade is normal for a porphyry.

Alma's Briggs will be very profitable because it's surface down.

It is better than caravels because the ore zones are close.

There are 3 designated zone footprints based on surface cu, but drilling has gotten mineralisation beyond the surface footprint.

That means at depth, all 3 zones could be one.

If so I'm looking at 2b tonnes cu @ 0.25% grade.

That would put Briggs far larger than caravels deposits and there 1/10 the cap size.

Alm is a sit on stock for min 1 year for step out drilling.

If 2b tonnes is the end resource, you can not get that any ware for 13m cap.