AUR 0.00% 0.7¢ auris minerals limited

Ann: Copper-Gold Resource Acquisition, page-11

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  1. 11,557 Posts.
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    I don't see it that way BBV.

    I see it as:

    1. An advanced exploration target, one with an existing resource of 22,[email protected]/t au and 1.6%cu.

    2. A target where there is 'significant potential in developing an economic JORC-compliant copper-gold-silver resource'.

    3. A target that might just be the quick money-earner that an explorer like RNI would like to have.

    4. The culmination of an 18-month old contract but with a sweet twist; the release by WGX of its 1st right of refusal entitlement relating to a completely different and unrelated contract.

    Please be good enough to explain this: I suspect that Chunderloo is very much a bit player element in the acquisition announcement today and I am pretty confident about that view.
 
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