It won't be battery metals. These guys already have significant interest in battery metals.
It will be gold.
Thundellara is gold.
Everest is gold.
Mr. Klaus Eckhof made his name and fortune in gold. From the Everest acquisition announcement, the focus is on his expertise in gold:
Mr Eckhof is a geologist with more than 20 years of experience identifying, exploring and developing mineral deposits around the world.
Mr Eckhof worked for Mount Edon Gold Mines Ltd before it was acquired by Canadian mining company Teck for approximately US$123 million. In 1994, he founded Spinifex Gold Ltd and Lafayette Mining Ltd, both of which successfully delineated gold and base metal deposits.
In 2003, Mr Eckhof founded Moto Goldmines which acquired the Moto Gold Project in the Democratic Republic of Congo. There, Mr Eckhof and his team delineated more than 20 million ounces of gold and delivered a feasibility study within four years from the commencement of exploration.
Moto Goldmines was subsequently acquired for approximately US$502 million by Randgold Resources who poured first gold in September 2013. Mr Eckhof is also a director of Amani Gold Ltd and AVZ Minerals Ltd
Everest... is proposed to be the Company’s Kirkalocka Gold Project.
From the Thundellara announcement, this is gold:
COMPANY STRATEGY:
As previously announced to the market, the Company has spent significant time assessing gold exploration opportunities in the West, Central and East Pilbara regions.
The Company’s strategy remains.
The Thundelarra project is a first step acquisition in the Company’s strategy of building a portfolio of gold exploration interests that are significantly leveraged to the creation of shareholder value through first stage exploration activities for relatively minimal investment.
From the Half Yearly, this is gold:
REVIEW OF OPERATIONS
During the Periodthe Company assessed many new opportunities in keeping with the Company’s strategy and history of precious metal exploration.
The Company focused its efforts by assessing and reviewing exploration opportunities for Gold in the West, Central and East Pilbara.
Everything else aside - the stellar Top 20, the high level of expertise and years of combined expertience these gentlemen possess, their proven track record of success and wealth creation, the patient, methodical way they are goig about sourcing the right project(s) - one of the most pleasing aspects is the focus on the Pilbara.
