Post by
nizza on May 27, 2024 1:21am
Not long until the expected drilling permits
I think this might be an important point that horseewithnoname raises.
The drilling permits signal, on the one hand, that the expected increase in resources is finally getting closer and, on the other hand, the acceptance of the community.
And the last is indeed a very important signal that could create enormous trust.
There is no doubt in my mind that the government supports it.
And only when drilling can new resources be discovered.
In my opinion, Sur can be expected to double from 2.2 to 4.4 MRD p Cu, Verde is promising and good for surprises, but should at least reach the level of Sur.
This means that the current resource of 16.6 MRD p Cu could be expanded by a further 6.6 MRD p Cu.
That would correspond to a whopping expansion of 40%.
If I understand correctly, drilling permits are expected in the last third of Q3, so in about 3 months.
That won't be long now.
Comment by
ForesstGump on May 27, 2024 3:30pm
Drill within a few months.