BUX 4.00% 7.2¢ buxton resources limited

Ann: Appendix 5B and Quarterly Update, page-2

  1. 10,463 Posts.
    lightbulb Created with Sketch. 2725
    I find it interesting that IGO marks the importance of Dogleg in its Q Report.
    IGO is suffering from lithium price volatility and reduced Ni production but still recorded higher QonQ free cash flow of >500 mil. Cash flow is the life blood, specially in a time of market stress.
    The mention of Copper Wolf is highly significant too - just lets have the assays for hole two 600 m below historic results !!!

    And btw, depth for that kind of deposit is not such an issue (if the grade > ~ 0.5% copper is there) Just build massive infrastructure.

    GL all.

    I hold BUX and IGO
    https://hotcopper.com.au/data/attachments/5696/5696964-c30969dc294e5f2be228c7c59bf9f66d.jpg

 
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