ALM 0.00% 0.8¢ alma metals limited

Ann: Change of Director's Interest Notice - Cooke, page-23

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    Wally, the 3 zones at Briggs will be one I believe.

    Drilling has gone beyond surface footprint, drilling between them returned copper.

    Two types of drilling that proves what I say.

    Cut off is 0.25%. Using a 0.2% cut already has Alma's resource at 900m tonnes.

    Higher copper price, converging zones, higher grade shallow cu. 0.15% cu could be the cut.

    Briggs in a year or two nsy very well approach 2b tonnes at 0.2% cu.

    Cap sub 10m with holdings in Canterbury and caravel gives EV of around 7m.

    Npv if figures above easily 20x the present cap.

    This ones a little under the radar as its a surface down deposit.
 
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