The 200m step out at Jumbuck, even though narrower, seems almost as significant and interesting as the 6.35% 10m hit at Matilda North. Both very meaningful and exciting.
And there are still an additional 3 Matilda North holes/results to be released. These i am guessing were requisitioned, and hence drilled, POST seeing the 6.35% core. (Similar in context to the additional 2/3 Swagman holes drilled last year to the original and frequently announced 4)
.....BUT for me the most exciting part of this announcement is the announcement itself. Very deliberately positioned pre quarterly, not after. Often you see strong announcements post a raising or post quarterly to essentially back it up. They clearly don't feel the upcoming quarterly needs this.
In short summary i have a sneaky feeling this quarterly next Tuesday, and confirmed outlook and activities (including plant updates and related procurement) going forward, is going to be rather special, an absolute belter.
I bought into AIC Sept 2023 - Feb 2024, in a significant way for me. And i have topped up since. Looking back i got my timing wrong by a year, possibly even 18-20 months. Sentiment might just start to build from here rather nicely, even without the additional assistance a rising CU price would deliver. The small to mid sized CU ASX space is a disaster zone. Investors seemingly holding on to dreams, not realities. I could be very wrong as per my AIC investment timing above, but i think this is the real deal; we are about to see movement at the AIC station.
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
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