Here we go! Maybe Sensore remains unknown to the great unwashed but at least one big miner - the daddy of all big miners in fact - is fully aware of its potential.
'In acknowledging it does not have all the answers, [BHP] understands it needs to look to others to help broaden its knowledge base. This has come in the form of investing in start-up companies like Kobold and SensOre in Australia, and SRK and DeepIQ in Chile.
These innovators use advanced artificial intelligence (AI) to enable BHP to widen its search space and cover ground more efficiently."
Of course a rational operator like BHP would be interested in anyone offering an order of magnitude improvement in exploration success, not only for the mammoth cost savings but for shortening the time to revenue. Sensore just has to demonstrate that its technology works. And once the likes of BHP become early adopters of the technology it will quickly permeate through the whole sector - at least that's my investment thesis.
https://www.australian resourcesandinvestment.com.au/2023/03/10/how-bhp-expedites-exploration/ (remove the space after "australian")
S3N Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
