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TAKEOVER TARGET, page-8

  1. 6,130 Posts.
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    The JOGMEC results were to be released at a later date which was some time back, so this should occur soon - actual visuals in the core of copper ore!

    With gold AUD heading to $2000 oz the Cobar gold ....
    ...2.6Mt @ 1.2g/t Au
    for 100,000oz from the resource model at the Sunrise and Good Friday
    Prospects.....
    with open areas across the system is becoming almost imperative.
    This estimated inferred gold was produced in 2011 !!!!
    IGV of circa $200 M AUD !
    Now the circa from surface $320 M preliminary JORC @ Collerina most likely to go to
    a $billion IGV if present modelling and drilling confirms with under $4 M spent!
    $ 8-9 M MC ?
    A rocket comes to mind!

    Cheers
 
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