ENR encounter resources limited

Morning all.@gbgirlCould always count on you for keeping us up...

  1. 4,638 Posts.
    lightbulb Created with Sketch. 7209
    Morning all.
    @gbgirl
    Could always count on you for keeping us up to date with media content.
    I hadn't listened to this and it takes me many times going over and over it for it to sink into my simple mind.
    I am very interested in how this story is progressing and at the 5.30 we get a good description of depth expectations.

    Caird is where the drilling is currently and I am going to assume they have something worth while for early exploration.
    Described as a Pipe, by Will so supports the multiple pod hypothesis.
    What ever that is remains the gamble of holding early stage explorers.

    They will move onto Crean or Worsley and not necessarily in that order.
    I really don't think that matters much as both will be drilled.
    Back to the 5.30 mark in that vid-
    Will describes the depth of 5m of cover going down to about 800m.
    Now that is a nice description but now to find out if it is mineralised and to what extent.

    As a colleague of mine ( @Xenius ) pointed out yesterday, "Looks like it is trading like a CR is expected."

    In the Vid, Will also outlines the size of the Gravity survey being 100km.
    I will assume form that and the current drilling that we are using up a good deal of funding.
    Let's see how this is navigated from here in terms of CR ann.

    I think it would be great if they show what they have and if they have found something worth while, Then do the CR at a much higher SP.
    The age of this dirt and the expected shallow cover could prove to be something special but like all exploration, "It's just like a box of Chocolates."

    I reckon that they would have cores from Caird by now and there could be something to offer.
    I do hope we get some exploration updates as we progress.
    If @salpetie would be so kind to keep us up to date with the satellite gifs we could be all the wiser, ( I think he is better at it than I ).

    Fingers crossed and I look forward to an exploration update.
    Kind regards, Wack
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
24.5¢
Change
0.015(6.52%)
Mkt cap ! $122.2M
Open High Low Value Volume
23.0¢ 24.5¢ 23.0¢ $138.2K 588.1K

Buyers (Bids)

No. Vol. Price($)
2 3262 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 4194 1
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
ENR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.