Australia's largest stock trading and investment forum Australia's #1 stock forum

WFE

Click for more information

0.00%

2.4¢ winmar resources limited

I Like your thinking, lol, especially the Okapi link. I did...

First 684 Last

Share
Profile

Follow
caketin

5,441 Posts.

192

17/05/18

11:30

Post #: 33158770
Share

Originally posted by msn81 ↑

Hey All,

We’re all eagerly awaiting news on WFE acquisition... I thought I’d share a possibility, but this is just for fun...

Luisha Project PR4981

I’m just trying to join the dots like the rest of us – this is pure speculation, and only for exercise / amusement purposes

First, was this, note where the pen points to...

View attachment 1107823

Here in Google Maps of Katanga region in DRC, I’ve pin-pointed Likasi, use the bodies of water as reference/orientation.

View attachment 1107826

Next, yesterday a picture of an Okapi.

View attachment 1107829

Significance?... well...

(Other than being a native Animal of DRC)...

Okapi Resources (ASX:OKR)
Of Which, Klaus Echkof is the chairman. Klaus is also the Chairman of AVZ. And we all know Airguide provide strategic consulting to AVZ and WFE.

Anyway, Okapi made an announcement 13/03/2018
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01960925

Of which they were completing Due Diligence of a few sites in DRC, including Luisha Project PR4981 (See map from this announcement).

View attachment 1107832

Then scroll back up to the map in the first picture...

Anyway, just for fun as I said, and complete speculation.

Here’s some info about the Luisha Project PR4981 from that announcement.

Luisha Project PR4981
The Luisha Project is located 3 kilometres to the east of African Metals (TSX: AFR) Luisha South Mine
(JORC Inferred Resource – 14.7 Mt @ 1.1% Cu and 0.3% Co) and northwest of Tiger Resources Kipoi
Deposit (JORC Measured & Indicated 58.9 Mt @ 1.3% Cu & 0.07% Co). The project has a similar geological
setting to both Kipoi and Luisha South.

Historic work at the Luisha Project has included field mapping, sampling and geophysical surveys. Okapi
has reviewed historic work and conducted its own field mapping and sampling to verify previous work, see
Table 2 below. Six outcrop samples have been taken as part of the historic work validation program and sent
to GC Worldwide, Lubumbashi for analysis, results are pending. Significant outcrop of highly prospective
Roan sediments have been identified in the licence area by Okapi geologists including previously unknown
areas. Non-pervasive copper mineralisation was also identified in outcropping Roan sediments.

Mr. Eckhof, Chairman commented, “We are very pleased to report on due diligence progress of the Katanga
Copper and Cobalt Project. The assets are within the world class copper cobalt belt of the DRC and contain
substantial strike lengths of untested, but what appear to be mineralised Roan Group Mine sequence and
Kundulungu units. These rock units are host to several world class Cu & Co deposits such as Tenke and
Kamoa. We look forward to announcing further updates on this exciting phase of the development of the
Company.”

Possible sale from OKR to WFE? Or may be a wild goose chase... it's all fun and games huh!

Only for exercise, DYOR and the above is all IMO.

Cheers
MSN

Expand

I Like your thinking, lol, especially the Okapi link. I did wonder why we got that photo. Silly as it sounds, you might be onto something and all these twitter posts have embedded secret messages. Maybe we're the only ones that haven't been following the code? lol. Nice work, keep it up.

WFE Price at posting: 2.6¢ Sentiment: None Disclosure: Not Held
10 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,278 more messages in this thread...

First 684 Last

Add WFE (ASX) to my watchlist