I see Brazil as a very under-explored region (unlike WA), it is also very mining friendly and is a stable country to invest in, providing great opportunities to find major resource discoveries, I can see what attracted AP to Brazil.
Surface soil samples and rock chip samples don’t always lead to discoveries but on some cases do and being so close to major Niobium mines does improve our chances. Our chances are further improved by having a very knowledgeable geo like AP and having our own drill rig not only saves us money but also allows us to drill when and where we want.
Can’t wait for drilling to start but he needs to get some approvals in place first, as he said in his last online interview.
No guarantees we will hit pay dirt but I like our chances, we can expect a major rerate if we do. IMO minimal downside with our WA gold assets but huge upside with a market cap of only 6 million.
Fully trust AP and happy for him to run the show.
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