Just had a brief chat with client relations from NME.
Wanted to clarify how they got 38% COPPER and 2.2g/t GOLD as reported in the 30/4 announcement. As I stated before it was from rock chip sampling. Remember thats not a average but "up to" figures. However it still very promising and no one knows exactly what is in the ground until NME start their drilling campaign.
The guy said NME are confident in the area because Laos are renowned for their rich COPPER fields. A 38% sampling figure is very encouraging.
He also stated because of further negotiating with the Laos govt, the wet season and acquiring and getting gear into the area drilling looks about 6 mths away.
With NME only capped around $15mil(fully diluted) and the potential of the area, NME has very healthy upside indeed.
Will need patience though.
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Just had a brief chat with client relations from NME.Wanted to...
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Mkt cap ! $9.387M |
Open | High | Low | Value | Volume |
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1 | 80000 | 0.012 |
Price($) | Vol. | No. |
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0.028 | 85093 | 1 |
0.029 | 300000 | 1 |
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