TBA 0.00% 2.6¢ tombola gold ltd

Ann: Conductive Drill Targets confirmed at Princess Royal, page-69

  1. 975 Posts.
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    This is where it gets interesting,


    They are now called PNX Metals and are operating in the NT (Gold Silver Zinc etc)



    In 2016 we signed an option, see below.
    Taken from PNX annual report 2016
    https://hotcopper.com.au/data/attachments/1888/1888750-ac9fa698eb6ff6dad68bbb3deb18e8ab.jpg

    Taken from the 2019 annual report

    https://hotcopper.com.au/data/attachments/1888/1888769-d6bf870c90599ccb95952b2d8c405a48.jpg
    Note: PNX could form a joint venture and put in 40% of future exploration expenditure.

    I assume we have completed stage 1 or will complete by 31/12/2019.

    No further ann by PNX




    Taken from PNX annual report 2018

    https://hotcopper.com.au/data/attachments/1888/1888793-293dcec488c2b62f7cfe90352c6486a2.jpg

    Thats $36m in copper at current prices aprox

    DYOR

    What will we find deeper down is any ones guess?


    All the Best


    FireflyOne
 
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