SHN sunshine metals limited

They released the first assay to be able to talk openly about...

  1. 4,377 Posts.
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    They released the first assay to be able to talk openly about the Zn halo for the conference.

    Folks may want to read past first page and get a handle on what it means when you understand the Highway Reward deposit.

    Vectoring in, first hole shows promise but only the first hole. GP will be run over the area to get a better definition of potential as will the remaining RC holes.

    They have $2.7 million in bank once DART funds land so CR talk is premature atm.

    When they release the Au Eq resource in a few weeks and they build the resource at Liontown, thereafter the smart money will be able to value what's there and invest accordingly and we can look at a raise once the soph money values the deposit accordingly (aka 1832 and Lionselect et al). Ie much higher value.

    Recent met results indicate the higher content of Au and Cu that will make the Liontown deposit more valuable than previous owners realised as gold has run hard and Cu is at a decent price and should run shortly as Cu follows gold which follows Iron ore as commodity cycles play out.

    All in all progressing along well. Once the seller is done this should get some traction which may well be very shortly.

    Last edited by BaltasarG: 13/11/24
 
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