PTR petratherm ltd
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Hello. This MEU Diaspora living away from their ancestorial...

  1. GKeden
    7,001 Posts.
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    30/05/25
    07:12
    Post #: 79245043
    Hello. This MEU Diaspora living away from their ancestorial homeland on the PTR forum don't realise most of the MEU drill hits:

    1. Are not near the Rosewood drill area.

    2. Are on what appears to be largely a different geology

    3. Are mostly on the magnetic high (dark brown color). Titanium is not magnetic therefore the high contains lots of iron to make it magnetic. Iron & titanium mixed together is ilmenite.

    4. PTR also has Duke and Nardoo, are probably similar to MEU given they appear to share similar magnetic high saprolite geology, per the 19/02/25 PTR announcement: https://announcements.asx.com.au/asxpdf/20250219/pdf/06fp03prkpxjlh.pdf

    https://hotcopper.com.au/data/attachments/7033/7033931-99ea9ea7f099eb21386544788d17fd9a.jpg
    https://hotcopper.com.au/data/attachments/7033/7033935-27904bd38659a1fff6043f8f7dd2654e.jpg

    Last edited by GKeden: 30/05/25
    PTR Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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