I also think it will be smaller at this stage. There's results...

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Giovanni33

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14/01/24

21:37

Post #: 71874218
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Originally posted by Gottinhimmel: ↑

I don't think the SP rerate will be just about the MRE.
On that front I will errr on the side of caution and go with 30Mt Ore.
As for included grade .... I was hoping we might have some idea of that already from the ongoing DSO work but 0.5% Cu would be a big bonus.

But I suspect the market will wake up on the day and realise that any viable MRE will be just the beginning.... that they have only drilled a tiny fraction of the strike and we already know Thunder Lightning Tempest for a start are all going to add vast additional shallow Cu this year

I won't take a guess at the SP on the day but im hoping pre 24 drilling commencing we can get to 68-75c

Not long to wait

Fingers crossed

Gottinhimmel

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I also think it will be smaller at this stage. There's results from other zones that won't be incorporated just yet, plus we're drilling again this year and who knows what that will turn up. So plenty of room for medium term expansion and getting a DSO up and running = minimal dilution

Last edited by Giovanni33: 14/01/24

AW1 Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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I also think it will be smaller at this stage. There's results...

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I also think it will be smaller at this stage. There's results...

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Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

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