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Ann: Drilling Completed at Karonie Project, page-51

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  1. 23,832 Posts.
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    @stash

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    What endless delays and no communication are you referring to ? They advised in late middle of March that the assays would be out toward the middle of April ... there isn't much more they can say on that until they've arrived ...

    What you don't give them credit for, is the Hermes results that Leigh had sampled that no one expected. Those results were solid, and there is still 3-4 holes remaining from that program to come out also

    So that gives us:-

    Karnonie;
    Cobar Basin; &
    Hermes

    All due back within the next couple of weeks

    At a <$7M cap, it is absurdly cheap IMO

    Also keep in mind, they should have the native title sorted for Lachlan this month and making preparations to drill. That is another with huge potential, right next door to Peel mining
 
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