The one thing I don't love is the sudden "throw the baby out with the bathwater" approach with Cummins, particularly in regards to the interest in any new area exploration.
For months and months, it's been "expanding resource this", "potential carbonatite swarms that" and now, it's "we've diverted everything away apart from ongoing background stuff. And offtakes. Did we mention offtakes?".
Cummins remains a good project with good additional prospects (images of which I've posted in multiple other past threads) and should continue to and to be seen to be moving forward. A modest 4-5 month, single RC rig program would be fine. Doesn't have to be a really significant expense. Wait months for the assays and then you get more future stuff and can plan as such.
This is drilling that should have happened 1 year, 2 years, 3 years ago.
Cummins even just got some EIS $, so a chunk of the costs are now paid for.
3 areas:
The top and middle formations here:
And this area between the above two formations:
The one thing I don't love is the sudden "throw the baby out...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
