BRB 0.00% 47.5¢ breaker resources nl

Ann: RIU Explorers Conference Presentation, page-12

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  1. 175 Posts.
    getting very excited about this one.... but I am also a newby to the story.

    Spent the whole of last night re-reading every price sensitive announcement only to find the majority of it summarised in today's presentation...... Oh well it vindicated my initial investment decision - and then some...

    Slide 16 is particularly interesting. I note the majority of the announcements address a 2.2km zone however this slide talks about a 8km dome. You can take from this whatever you like but to me it indicates that we are at the edge of something huge - but I am no geo.

    Given that depth/ continuity has yet to be tested there should be many exciting announcements to follow... Bring on more DD.

    I am not fully across how continual drilling is being funded. Perhaps someone can explain in 30 words of less of plain English... Don't want continual dilution - been there / done that!!!

    Cheers in advance.
 
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