What a time to release significant Copper intersections with Copper prices on a solid run!
Unfortunately, it looks like the Nb-REE mineralisation at Avalon did not come to fruition, but I will definitely take a potential future Copper Mine and also these high TREO results, well over 1000ppm. This is a potential company maker too, considering we only completed phase 1 drilling. There is great potential to grow a sizable resource for both.
Basically, we have gone from the market expecting dusters and no future, to potentially 2 different minerals deposits in the West Arunta. A lot more upside than downside from here considering we are now trading below shell value with a market cap barely above our current cash position. Glad I loaded up at the recent lows!!!
RCR Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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