WC1 west cobar metals limited

Cut-off grade has a serious impact on tonnage so I'm surprised...

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    Cut-off grade has a serious impact on tonnage so I'm surprised the PR clause doesn't deal with this?? See table below re existing Resource numbers.... I assume that the PR will/should maintain the existing 500ppm cut-off???

    I'd say the recent campaign will see a moderate increase in tonnage and a healthy upgrade of the existing Inferred Resource to the Indicated category.

    I doubt the PR tonnage will be reached until another drilling campaign is completed and a JORC Resource is established at O'Connor as it has a substantially higher Exploration Target (see below).

    Suffice to say I am hanging out for the next Price Sensitive Announcement... or two?? biggrin.png

    https://hotcopper.com.au/data/attachments/5372/5372996-0d57d7f34d03b564e9a36580b96420a6.jpg
    https://hotcopper.com.au/data/attachments/5372/5372999-084cb2b427e8099db935b6e11808bc97.jpg
 
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Last
2.0¢
Change
0.002(11.1%)
Mkt cap ! $4.167M
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