Ann: Drilling Extends Mineralisation at Sandy Creek and Artemis, page-2

  1. 5,993 Posts.
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    YEE-HA!

    When too many copper options are barely enough!

    AC & team, using measured 'producer' language, describe shallow, economic mineralisation close to the Eloise concentrator. Enlarging it to 20ktpa looks entirely possible. More resource definition drilling is needed. This is low risk but will take time and costs real money.

    A1M has the cash flow to rebuild the concentrator and drill. It will need more again to develop Jericho. The banks may require a cap raise as part of a financing package. If small, no problem.

    GLTAH

    Ash

 
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