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clock Created with Sketch. 02/11/23
12:59
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Originally posted by nammuldi:
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yes i dont know why they could not have done ALL of this peripheral exploration AT THE SAME TIME as the intense drill out of Anter - not hard in reality and given rig is there they should have had targets generated in readiness for it. A few soil samples and an IP survey - simple and quick to generate the targets.
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Yes I think we are missing some key information here - what held up the access to the exploration targets? Look at PDI, you can proove up your MRE and do exploration at the same time.
Originally posted by AustinNZ:
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Yep, topped up today and I expect that we will eventually add to our MRE with the impending drilling from Antler Offset and the other satellite targets around Copper Knob. CNB released their maiden MRE on 27 Oct which makes an interesting comparison being double our market cap. CNB has almost double the tons of our MRE but less than half the contained metal because of an average grade of 1.4% Cu Eq compared to our 4.1%. It looks like a decent project and still open in strike and depth but NWC is better investment value IMO.
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I like the comparison with CNB - we look great especially at this valuation.
