BOA 9.09% 2.4¢ boadicea resources limited

looking great, page-25

  1. 12,839 Posts.
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    Gday Shaky. Don't pay attention to the disclosure. I've still got a few of these free carried now.

    Still the same opinion as before - the geophysics make this more compelling than Western Margin. After all the pre-drill info was in place, Western Margin was a fairly easy call as a graphite / pyrrhotite stratigraphic conductor, which it turned out to be. This one not so - I'm playing for the hope and lucky dip elements that make life more exciting; but I can still ruffle a few pom poms in team BOA by suggesting that the geochem signature is not that compelling (IMO). But there's nothing to lose now from my POV.

    I'll disagree with Fib that WIN's results help the odds here. WIN showed at Tarcaud that you can get a nicely shaped well constrained conductor in this terrain. However, BOA gets bonus prospectivity for gravity, mag and being along strike, whereas IMO, WIN looks too far displaced to the east to have anything closely contiguous with Nova given the latest knowns.

    To be fair, out of the nearby nearologies - MAT probably has the best chance.
 
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