Further to AC's 'breathtaking' statement and posters' commentary on the forthcoming MRE.
Here is the last Resource estimate as at 30 December 2023:
https://www.aspecthuntley.com.au/docserver/02766466.pdf?fileid=02766466&datedir=20240130&edt=MjAyNS0wMi0yMyswNzoyMToyNys0ODArOTcwMDE5K2FuZHJld3dlc3QrcmVkaXJlY3QraHR0cHM6Ly93d3cuYXNwZWN0aHVudGxleS5jb20uYXUvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZ0aW1lb3V0Lmh0bWwraHR0cHM6Ly93d3cuYXNwZWN0aHVudGxleS5jb20uYXUvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==
Yes, it is all Indicated and Inferred, yet the 2023 Resource sketched is enough to fill the proposed 20,000t Cu concentrator for well over ten years.
2024 drilling has extended the strike length from 2.3km to 5km, with the ore body STILL open along strike and at depth.
Last year's drilling also reinforced the consistency and good grades of the twin veins.
This is speculative, yet it looks like the Jericho resource doubled last year, suggesting AC ought to be building a 40,000t Cu concentrator.
Oh. A1M suddenly becomes a significant producer. What would be the market cap then?
Ash
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