Terrific post. Thanks for raising that and I look forward to...

Terrific post. Thanks for raising that and I look forward to what you might hear after enquiring with management.

In simple terms from what I understand pink is good, cerise (as I will call it) is even better. You can see mulligan has some pink but no cerise and it is small. Beauchamp has large areas of pink and quite a bit of the cerise around 11, 10, 9 , 8, 1 and 3.

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In simple terms many of us look at a bom radar to see how much rain is about to hit, here is a current radar shot of kalgoorlie. We all know by looking at what we see there, that there is a small amount of very heavy rain, but it won’t be significant, there might be a brief short period of heavy rain but it’s not worth worrying about, in other words it’s “not commercial”. This shot reminds me of mulligan as remember we found some “stuff” but not at a “commercial” level.






Then we go to this historical shot of a big storm about to hit sydney. The black yellow and orange are massive storms and they are spread wide and not focused just on a small area. In other words this is a “commercial” storm. It reminds me more of beauchamp.





Here is the beauchamp and mulligan results again. I know if that was a bom radar that for beauchamp I would be ensuring I had insurance for severe hail damage but for mulligan I would not be too worried and would still go for a walk down the street to the local coffee shop.

For me beauchamp is starting to look like a very good prospect, could they switch plans and hit beauchamp before Joyce, not sure about that. Looking at beacuhamp vtem I thought the neighbours land on the east might be worth a look but I’ll post something else shortly about that.

Beauchamp and Joyce are the two pieces of land that have some potential until we know what bmr are up to near iron mask.

Beauchamp is our biggest piece of land by land size at 33.5 kilometres squared compared to Joyce at 4.6 km squared.

I think this is worth a cheeky little 1000 metre drill campaign ( have to go deeper than Joyce) but seems we don’t need to get too excited as the ann says a surface sampling and geo program will start. That’s probably fair enough given the market climate at the moment. Focused on shareholder wealth, even the greatest announcement at present will see no price action and 6 -12 months ago today’s announcement would have seen 20% at least up imo.


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