JAN 2015
SOI 326 mil MC $3.9 mil T20 51%
Successful drilling campaign
30,000m RC drilling completed resulting in a maiden JORC resource defined of 3.8 million tonnes at 1% Cu for 38000 tonnes contained copper and 535 tonnes of Cobalt
March 2017
Cap raise of $430,000 at .008c to fund RC follow up drilling + R & D refund of 650K
April 2017
Cobalt resource defined
VTEM completed at Tollu
Targets identified and drilling commenced
September 2017
Drilling completed at Tollu + 10% more drilling carried out due to efficiency and within schedule and budget
October 2017
High grade Cu drilling results announced at Tollu
March 2018
Drill Planning of next 10 high priority targets identified in EM survey
October 2018
Entitlement offer to raise 1.45 million to commence exploration
May 2019
Ground EM at musgrave
July 2019
Targets Identified
September 2019
Drilling commences at Tollu
2020
High grade results announced at Tollu
July 2020
$750K raised at 1.4c to acquire Hantails gold project
September 2020
Hantails drilling commences
February 2021
Exploration planning commences for musgrave
Well.. i have done some picking through the last 3-4 years announcements and pulled the most significant ones to me of (targets id, drilling commences, cap raising, acquisition drill results) and i have left out a lot of announcements to share holders ie, updates quarterlies and presentations etc but i just cant see a reason to call this stock a dog?
since 2016 the SOI have gone from just 326 million to today just 528 million and during that time they have carried out plenty of exploration and thousands of metres of drilling and surveying and JORCed it into a resource which does put many other juniors to shame, Those Cu grades are some of the best iv heard of in australia and they have only explored 5% of the project.. wow
IMO management seem to be incredibly savvy with company money going by the minimal dilution over the last 4 years just 200 million new shares on the registry for all that exploration and high grade Cu hits with that JORC they are currently sitting on approx $360 million worth of copper to the company.. with plenty left to discover.
Anyway thanks for your response.. I am looking for reasons to not like this company so feel free to point out what im missing here.
cheers
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