CBH 0.00% 7.0¢ coolabah metals limited

about to rock, page-5

  1. 295 Posts.
    $1 is easily the short term target for the following reasons:

    Recent drill results show resource upgrade potential at main two growth projects - includes

    7m at 35% combine zinc/lead at Rasp (Broken Hill) which supports supplementary high grade ore idea. Could add materially valuation as more remnant mineralisation is outlined.

    43m at 8% zinc at Panorama (WA) plus other intersections reveals a new high grade zinc lens which looks to be 1mt at 5% to 7% Zn and should extend pit shell. Could add 5-7cps depending on exact parameters but also shows that exploration potential remains.

    Bring on $1 by early 08
 
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