Hi guys just dragging some info over from our most recent update into this thread. The latest ionic clay discovery has certainly got the ball rolling towards a decent market cap. For all the newbies coming in here i've put some info below to summarise where we are currently at.
Quoted from lifegoals post in another thread;
Quote -------------- " - mt isa copper update and drilling program coming soon
- mt isa blue star drill results is expected to be received this week
- nz gold drilling complete, update coming soon, last drill we were very close to the feeder, this could be a large resource of low grade gold
- eyre, where do I start, lithium follow up RC drilling planning in progress, nickel/pge drilling coming soon along the jimberlana dyke - norcott (along the GAL's tenements),
REE/Treo work to continue
-$6.4m cash at bank
- top 20 hold 60% including Waratah group which hold approx 12.5% of the company, directors hold a fair chunk as well
- Waratah group invested early in SYA and CXO and look at them being a billion $$$ market cap company now
this REE seems a company maker alone, so let there be light!!! " ----------------- Unquote
So as you can see, we have so many highly prospective possibilities it is quite overwhelming. So far the market has only been introduced to 2 of these possibilities --
1) Eyre Lithium -- very close to LTR's Buldania and already attracted significant international investment
2) Merrivale Rare Earth -- World class grades of highly probably ionic clay. Could be a gamechanger and company maker as lifegoals mentioned
LRV also has a huge highly prospective copper, gold & cobalt tenement package around Isa -- smack bang in the middle of these tenements is Aeris resources Barbara copper operation. With the demand of copper increasing in the future, finding a big discovery would be fantastic. We already have a known resource of 177,000t @ 2.31% cu (And wasn't further explored) at BlueStar that was discovered by MET in 2011. For reference CNB are exploring and finding copper right now -- (Current Mcap of $220m).
NZ Gold is just a crazy cousin that just might be really good if we've found the gold feeder zone - Ron already completed an initial drill program here, and now the most recent one completed (waiting on results) was refined to targed the feeder source.
A lot of work going on in a lot of highly prospective ground. I'm thinking $100m mcap could be just the beginning if any one of these projects start shaping up, let alone if multple projects start flying high.
GLAH
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Hi guys just dragging some info over from our most recent update...
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