NRX 0.00% 1.3¢ noronex limited

Hey all, first time poster here really like what I seeMy fav...

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    Hey all, first time poster here really like what I see

    My fav recent heading COPPER THE NEW GOLD

    Just going to throw few numbers here to get a grasp on how much IGV is here
    Firstly with +170,000m of historical drilling (say @$200 p/m) = $34m or double current sp just for this
    With already 10mt proven they could go 20mt without even putting a new drill in off the historicals just have to give them the time

    10mt × 1.3% = 130,000t
    130,000t × $9400 = $ 1.22b USD / $ 1.49b AUD (@78c)
    20mt = $ 2.44b USD / $2.97b AUD
    30mt = $3.66b USD / $ 4.46b AUD

    They should easily get to this size when I think T/O offers will start to fly with my first suggestion being SFR
    My rough pricing is going with current Cu spot of $9400, when investor columnists are calling $10-12-15k at this point which is huge numbers with this resource and importantly I have included NO SILVER CREDITS to these valuations which will add more cream on PFS

    So in brief conclusion this is a sitting duck still under the radar as one of our closest comparison peers RCP is above $50m m/c with 515m SOI / NRX 151m so we can technically triple with this EM announcement that will show the rich extensions of this deposit
    Always do your own DD , few wise people here already ,everything looking great
 
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