re: new ipo to rival monax..bandalup I haven't read the prospectus in full yet. My father is looking over it.
Interesting that previous holes intersected IOCG type mineralisation. Interesting also that at Carrapateena Inco thought the discovery was dead after step out drilling failed to reproduce the discovery hole. Turns out the deposit is not that wide but very very deep. As an intrusive system it comes right down from below. So one can conclude that even if previous drilling didn't find an economic IOCG deposit, one may be nearby.
I've bought in based on management and prospects, but lots of other companies looking for IOCG in SA.
Caveat - I am not a geo myself. I have just picked up my knowledge from my father over the years.
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re: new ipo to rival monax..bandalup I haven't read the...
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