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Coalstoun Copper Background?

  1. Liar
    384 Posts.
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    25/05/24
    18:31
    Post #: 74008388

    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

    AIV Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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