I read the REX Minerals (RXM) resource upgrade today and there was one picture that I thought was worth posting. Here it is
What I found interesting was the 4 different copper resources
1. High grade low volume - Degrussa 2. Medium grade - low volume - Nifty and others 3. Low grade and low volume - Rocklands and Kanmantoo 4. High volume and OK grade - P Hill, C and others
OZL has said it wants to play in 1 and 4. I thought the picture spect out the OZL strategy superbly.
HT1
OZL Price at posting:
$14.17 Sentiment: LT Buy Disclosure: Held