CBE
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0.00% 7.0¢ cobre limited

Today's sat image from NCP

  1. BrassTacks1
    1,513 Posts.
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    23/09/22
    07:22
    Post #: 63838330
    Looks to me like CBE have already started on one of the Phase 1 DD holes to test plunge the extension of NCP 08, where the higher 'economical' grades were recorded.

    https://hotcopper.com.au/data/attachments/4698/4698854-78217d8f9c5fb95d2a40ef8373a8b290.jpg
    Check the last week's timelapse which shows drilling between 08 and 012 (as well as activity at NCP014) so I'm guessing 2 rigs in action.

    https://hotcopper.com.au/data/attachments/4698/4698861-a509ccb74eccfc893a6c3ac38224562f.jpg

    https://hotcopper.com.au/data/attachments/4698/4698865-989ebb9cf9601f0e1eb258c9437d4527.jpg
    Hopefully results will give the market the higher grade intercepts it's looking for.

    CBE Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch. 3  Great analysis
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