Hey all !
Just wondering if any long holder is here on HC for AIV?
I had a quick research and wonder if anyone knows what happened to the Coalstoun Copper deposit after 2016? After handed over to AIV, all I can see on the website is inferred of 26.9Mt @ 0.38% Cu (for 102,700t Cu contained),
.Equal to 15769 AUD > 15769 * 102000 T = 1.6 B AUD???or is it?
.Back in 2013 and on handover from Newcrest ?Significant drilling intersections from the Coalstoun porphyry include:
.453.4m at 0.24% copper from 203.9m to EOH (CDD003)
199.1m at 0.36% copper from 17.1 to EOH (ESSO12)
390.7m at 0.30% copper from 0m to EOH (ESSO22)
407.8m at 0.27% copper from 36.6m to EOH (ESSO32)
What is happening here, and why this is sitting on 1mC?!!!
Any ideas?
Thank you in Advance!
DYOR
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