They had a strong quarter will drilling confirming an extensive/large mineralised system at Orient. Punters will soon cotton on to the similarities with the Bowdens deposit in NSW (SVL). Although, if the tonnes are there at Orient it could be better on an AgEq basis when you add in the presence of Indium which Bowdens doesn't have. All in all a solid start, new discovery, for a new IPO. I also like the way they manage their money only spending $80k in the quarter on staff and corporate. Nearly all the cash going in the ground. I'm looking forward to drilling re-start and our MC moving somewhere closer to our peers. Which is miles away!
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Ann: ILT December 2023 Quarterly Activities Report & Appendix 5B, page-2
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1 | 15000 | 0.200 |
1 | 10810 | 0.185 |
1 | 42520 | 0.170 |
1 | 50000 | 0.160 |
Price($) | Vol. | No. |
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0.220 | 36331 | 1 |
0.240 | 85000 | 1 |
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