NZC nzuri copper limited

$6m m/c $3.2m cash 46.1m @ 5.40g/t au

  1. 8,443 Posts.
    lightbulb Created with Sketch. 175
    This would have to be an absolute no branier,

    For starters todays ann showed drill results of,

    46.1m @ 5.40g/t Au (includes 2m @ 93.45g/t Au)
    23.62m @ 3.66g/t Au (includes 6.11m @ 8.52g/t Au)
    8.35m @ 4.01g/t Au

    Market cap only $6 million

    Last quarter had $1.2 m in the bank

    On the 29th Jan they sold 10% of the project for $7 million

    They had a $5 million loan for exploarition from the same group that paid $7 million for another 10% of the project which leaves them with $2 million once the $5 million loan is payed off which leaves them with $3.2 million minus this quarters expenses.

    Now BGS recently ran from a $5 million m/c company to currently over $20 million on drill results less then these brought out by RER today.

    Current EV only about $2.8 million

    Thise are some spectacular drill results, this will run very hard in coming days when people catch on imo.
 
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