MPJ 0.00% 0.0¢ mining projects group limited

Ann: Annual Report to shareholders, page-33

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  1. 1,029 Posts.
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    Thanks guys, it was a real Eureka moment this morning and I am pleased that you allow me to share it with you.
    The third proposed hole is a surprise.

    It tests the newly identified (Talc Lake) western flank MLEM conductor.

    It is unknown whether this happens to be one of the Category 1 conductors outlined by Newexco. A bit of a wild card perhaps. I would reckon it is a bit of a Melb Cup outsider.

    Something is making it conduct. NiS? or sulphidic shale.. iron sulphide... etc. Time will tell.

    The MPJ Team and consultants reckon it is worth a punt anyway. Always have to have the rank outsiders for fun bets? Who hasn't put a bet on a 200 to 1 chance in The Cup?

    Hopefully the odds on this drill winning will be far better than that!!! Best trainers and jockey after all. PP
 
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