That's without considering Lacroma/Campoona, where they have got...

  1. 491 Posts.
    lightbulb Created with Sketch. 137
    That's without considering Lacroma/Campoona, where they have got a proven flow sheet, just need to prove the resource.

    Would expect an announcement on tranche 2 drilling of Lacroma any day now. Produce similar results to tranche 1 (where there was previously drilling) and we have a resource on 1km strike, but the total anomaly is 6km+ - they are drilling tranche 3 currently I believe, which is a km in the other direction. That's before you consider the eastern anomaly which is similar again.

    These tranche 2 and 3 results will be very important, as if they are positive, the probability of a RNU scale resource significantly increases.

    Have the advantage of permitted mine/processing site at Campoona, much more advanced than an exploration play. Campoona doesn't have the scale/mine life to justify the capital cost of the processing operation on it's own, but with a big Lacroma resource to develop?? Prove that and get the campoona mine underway and processing built and gives you time and $ to get Lacroma permitted and ready to mine when Campoona is done.

    Plenty of options, just got to prove this resource at Lacroma.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.1¢
Change
0.004(14.8%)
Mkt cap ! $5.295M
Open High Low Value Volume
3.0¢ 3.8¢ 3.0¢ $58.70K 1.749M

Buyers (Bids)

No. Vol. Price($)
1 26452 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 22756 1
View Market Depth
Last trade - 15.52pm 18/06/2025 (20 minute delay) ?
ITM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.