Ann: Ground geophysics identify robust conductors at Mt Isa East, page-53

Thankyou for your highly respected views and we are always indebted to your insights and contribution.

Yep I misinterpreted that downdip dimension as thickness. Should read announcements after first coffee.

Something to consider about Python is that there is sulphides at surface on field survey and secondly a 1% cu grade of 10m width as you stated would give us a 11 340 tonnes of copper. I like our chances of this anomaly coinciding with a fault line to find concentrated copper sulphides tbh.

Something to consider!
HMX SOI is 30.11 times the SOI of CPM therefore 11 340 tonnes of cu in direct comparison with HMX provides CPM shareholders an effective equivalent of
341 447 tonnes cu.

The power of multiplication of a small copper find on a very low SOI should raise eyebrows but is not so obvious.

58 500 tonnes short of HMX on our small hypothetical find with King Solomon to come?


Keeping in mind HMX MC is 3.78 times larger than CPM and a 15% reduction in CPM SP for tonnage difference would equate to a SP for CPM of $1.68.

To summarise CPM does not require finding a large amount of tonnage.

With only 27.2 million shares on issue according to NAB, we could trip over a copper boulder, no genius required !! and find equivalent tonnage to HMX in a much shorter time period.

Add the convenience of Mt Isa infrastructure ready and waiting at our front door.

Success may come sooner than later?

Would love your opinion and feedback as it would be very highly valued and respected by CPM holders.