For the newbies, Caz has a significant copper site at Halls Creek that is already proven and job done. They are working with Auking who are next door at Koongie Park.
There was a feasiibility study done and the steps to make this a viable site were all mapped out as part of Koongie park's commercialisation.
Unfortunately AKN got distracted a couple of years ago and went on a global spending spree on other projects, and Koongie Park sat there looking all bored and stuff. In that folly they spent a lot of cash and ran the bank down. ANYWAY
They have just announced a buy in from a rebranded COB:ASX - announcement here - t - ASX:AKN - AuKing signs new Joint Venture for Koongie Park Project
Why do we care? Bommie is a very large site with a lot of low grade copper, having this on the dance card again is far better than it sitting there waiting for someone to drive past and kick the tires.
Its a slow burn, but at least now its a burn.
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Finally - progress at Halls Creek Copper
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2.1¢ |
Change
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Open | High | Low | Value | Volume |
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3 | 875000 | 0.020 |
2 | 76316 | 0.019 |
1 | 51000 | 0.018 |
1 | 32352 | 0.017 |
Price($) | Vol. | No. |
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0.022 | 141126 | 2 |
0.023 | 240808 | 3 |
0.024 | 255999 | 2 |
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