porphorys are not well understood or accepted by the Australian market. We have the largest copper porphory not controlled by a major on the asx and it's current MC is below 200mill, with average grade of 0.5% CuEq+++. The drill results today we're very low even for a porphory and strike length wasn't long enough yet. Although they were not from the real porphory target if I understand correctly. Interesting to see how the next hole comes out and will be watching to see how future exploration goes.
SPQ Price at posting:
4.5¢ Sentiment: None Disclosure: Held
