K2P 0.00% 18.0¢ kore potash limited

SYR announcement is irrelevent, imothe JORCed ELM Kola deposit...

  1. 28,706 Posts.
    lightbulb Created with Sketch. 237
    SYR announcement is irrelevent, imo

    the JORCed ELM Kola deposit is around 15km long & 8km wide (120km2) for 1 billion+ tonnes @ 30%+ KCI high grade potash

    the last ELM presentation states the priority target at Dougou Rise is 75km2 but its outline is much larger than that, being around 13km x 8km = 104km2

    in other words, successful results, particularly super high grade (40%+ KCI) at Dougou could double ELM's resource

    this is very different to the SYR announcement, which presented no new news & may have slightly disappointed some readers that misread the lower (10%) grade to not be from surface

    we have the potential here, based on the super high grade Hangwall results, for Dougou to be better than Kola

    *
 
watchlist Created with Sketch. Add K2P (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.