Well, well, well !!!! How things can change in a month. For...

Well, well, well !!!!

How things can change in a month. For those who thought the Perth roadshow was yet another repeat of the Noosa roadshow (20-22 July) and didn't have a read. Have a look at pages 6 and 8 with the inclusion of SIBELCO ASIA PACIFIC as a new shareholder and the experience of Jeff Brown (Metallurgy Consultant) with SIBELCO.

You might scratch your head and say who Is SIBELCO ?? Just read Diatreme Resources June announcement
https://hotcopper.com.au/threads/ann-transformational-strategic-partnership-and-placement.6812485/

and also have look at SIBELCO'S website
https://www.sibelco.com/

SIBELCO is one serious dude (company) and if anybody ever doubted the capacity of Metallica to finance their CFS project then look at the comments of Diatreme's CEO Neil McIntyre (2nd page) regarding ILWELLA assistance in attracting world class development partners

“We thank our major shareholder Ilwella for their participation in the placement and ongoing support and assistance to the Company in attracting world class development partners to realise our development ambitions"

With ILWELLA as Metalicia's major shareholder and Metalicia's transport solution (Proposed Jetty) located within Port Limit of Cape Flattery, I have little doubt (IMHO) of the success of CFS.

AND the cherry on the cake is Metalicia's 11.50am later announcement of a 25-hole hand auger exploration program beginning within Metallica’s tenements and west of the Company’s existing Cape Flattery Silica Sand Mineral Resources. This just blows the potential possibilities e.g. mine life extension and / or increased annual exports of Silica. Watch this space IMHO