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Evening Helixers,


Hooray- felt like the initial JORC was never going to arrive hey?


Interesting to see the tiny parcels are persisting after the ann', whats going on there:cool:


Atma- I'd have to disagree with the comment re: discounting due to not being the operator/ majority holder- have a look at RHI they're solely priced on being the junior partner and on only 20% share.

CUL's resource is smaller and of lower quality again.


As to Robe West, it whets the appetite doesn't it- big footprint.

Personally I'm still intrigued by Bonham- as I've posted earlier the enriched hardcap represents 150 MT (45-52% Fe) for the stated 10m thickness and it overlies the Marra Mamba member.

Personally I've never drilled MM thinner than 50m but if you research the geology of the Tom Price - Pannawonica trend you will see it has been proven between >200m with a minium of 15m.


Helix quote thickening of the Marra Mamba on their website!


MM is also commonly very low on Al. Si etc and preferred for blending for that reason (enriched MM commonly up to 62%). It also has properties that assist in the smelting process.

If we have enriched MM under the iron cap at Bonham @ the minium 15m that presents a target of 75MT for every 5m of depth or 350MT.


As YT has stated we should already being sitting @ 50-70c purely on the initial JORC @ KC/RE + cash.


Nothing at all incorporated for gold in hand or yet to come:confused: 


When we will get the API ann' stating Chinese interest;)


Looking for the weekly to close above 30c and then I'll be looking for 42ish to begin with (in spite of mister 200 shares manipulating up/down and sideways:cool:)


Go HLX


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