The question is whether Luni is connected to ENR’s gravity anomaly across the fence? Let’s take a look again.
Happy to be corrected but my interpretation is they are not connected (I.e. ended right at the fence). The gravity anomaly just to the north of Luni looks compelling and definitely worth investigating further, but no success is guaranteed at this stage.
WA1 has a compelling target called P3 that is very close to P2, and while P2 was confirmed to be a niobium carbonatite, P3 had not much to show for despite being a larger anomaly. I am sure many also still remember what happened to CNJ/GSR despite being right next to GAL.
I’d love to see ENR succeed and all shareholders to be happy. But at this stage, I am happy to just keep a close eye on this one. Happy to see some familiar names like Wack and Gbgirl taking a punt on this, hope we can all be successful in the West Arunta. GLTA.
ENR Price at posting:
26.0¢ Sentiment: Hold Disclosure: Not Held
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