The results indicate the likelihood of a Mafic/Ultramafic intrusion bearing Ni Sulphides by the Ni/Cu ratios.
The presence of Lithium in the pegmatites would probably relate to a later stage event.If you were to look the Magnetics surrounding the Lakes structure it would be interesting.
Points to consider:,
1: The company has several projects on the go with no money to advance any one of them.
2:The fact that the company is domiciled in the Guernsey Islands would indicate they would probably raise Capital in one entity,deplete it and do another IPO using the results generated by the previous entity.
3:This is consistent with the TIA mantra,(this is Africa).On that point it may well be prudent to do a background check on the Directors.
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arcadia minerals limited
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The results indicate the likelihood of a Mafic/Ultramafic...
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Mkt cap ! $3.286M |
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