@Wack @eastwest101 Have either of you had a look at the TRN &...

@Wack @eastwest101

Have either of you had a look at the TRN & COD JV project in SA?
I have been following COD since June 2021 after several promising announcements.
JV Maiden Mineral Resource Estimate for their Emmie Bluff Zambian-style copper cobalt deposit is due to be announced by 31 December 2021.
Comment in recent Barry Fitzgerald Livewire article suggested that maiden MRE could be up to 800,000t Cu equivalent.
I don't believe the minerals they are exploring for in the Deeps will not be a part of the maiden MRE.
COD currently has 70% of the JV but can increase to 75%. TRN currently owns 30% reducing to 25% if COD takes up the extra 5%.
COD m/cap around $84M @ 96.5c. TRN m/cap around $15.9 @ 14.0c.

I would be interested to hear about your thoughts / views on these two companies and their promising SA project area.

Some slides from 19 November 2021










Taken from today's (6 Dec 2021) ASX announcement.









28 October 2021 - COE Briefing