CUL 0.00% 0.8¢ cullen resources limited

CUL representing some good value here at a $7.8m MC with circa...

  1. 15,103 Posts.
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    CUL representing some good value here at a $7.8m MC with circa $2m cash.

    Surely the IO royalties may kick in soon given the IO price and the movement in the Pilbara of late. Will be a huge money spinner when they do in this current IO environment.

    https://hotcopper.com.au/data/attachments/3407/3407754-266560956888e6366ef3d0fc41e3b0a2.jpg

    Plus the recent developments by the CHN/VMS JV outlining new anomalies to the North of their tenement which borders CUL's tenement look really promising and from the latest update CUL are working on the modelling for that tenement now. That will be interesting news when released.
    https://hotcopper.com.au/data/attachments/3407/3407769-ffa172232773cae315f9a338d40f97d9.jpg
    Also has anyone taken notice of the land CUL now have and waiting on one permit around the Central Lapland District in Finland?
    It surrounds S2R and the exploration permit they are waiting on is along strike from S2R's recent gold discovery. $S2R MC is $50m. Some big players in the area also. This is a very interesting development and the reservation land they have totally 200 square km's is a huge land holding and has been approved.

    Not bad at all for a $5.5m EV coy.
    https://hotcopper.com.au/data/attachments/3407/3407781-0456ae8cf3a2ebf0d9d152b322141078.jpg
    https://hotcopper.com.au/data/attachments/3407/3407783-a6c0e31b64bc0b6d0559f930b55063f9.jpg
 
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