To me as a long term holder, holding holding, holding waiting for the payoff on the basis of their strategy which I believe, this is a good bolt on. Applying technology to their industry.
From the Oreexplore website
"Enhanced XRF+ technology, coupled with advanced algorithms and tomography, lets you discover the mineral composition at 100 ppm levels of any drill core.
Our own patented AXM technology allows full penetration analysis down to ppm levels for precious metals.
State-of-the-art tomography processing provides vital structural information in 3D space.
Our first product will focus on reliable on-site core analysis. It will be equally suited in a mine, a lab or in a core storage facility.
No more core cutting. No more prepping. No more waiting. Just load up to four cores and press a button.
It's easy to use, fast and extremely accurate."
Cant find any financials so hope we are not buying a dog but I guess Swick have looked at this really closely, so I am excited. 24.5 looks a good punt to me if this is leading edge and works!!
To me as a long term holder, holding holding, holding waiting...
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