I'm just going to grab what I can over time at these prices. No rush.
If if the same geological and structural characteristics continue below the pit floor, potential exists for [email protected]% Cu of ore within 120m of the current pit floor.
This estimated tonnage represents more than 160% of the historically mined tonnage or more than 100% of the contained copper from the first historic mining phase and more than 60% from both previous mining phases.
If drilling permits go through, it'll be game one.
The Top shareholder is Asia Image Ltd (23.38%) & GDE Exploration (7.54%).Asia Image also holds large amounts in NGE.
PNX Price at posting:
7.4¢ Sentiment: LT Buy Disclosure: Held