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Ben Riley's avatar

Great write up Charles, it’s now one of my largest holdings and I managed to top up again only yesterday, on the sell off weakness. Here’s to a great year!!

Charles Archer's avatar

It will be!

TBatto's avatar

Another great write-up, as usual. Kicking myself slightly for not adding more during the last few days sell off, but sounds like there's a lot further to run :)

Charles Archer's avatar

Never easy to pick an entry, especially with gold’s volatility. Don’t sweat it :)

Andy W's avatar

Hi Charles

Thanks for the informative update. You mention IOCG as potentially containing Uranium. Does this have any negative implications, as seen with the Energy Transition Minerals case?

Charles Archer's avatar

Greenland Parliament Act No. 20 (2021) bans uranium prospecting, exploration, and exploitation where the average uranium content of the total resource is above 100 ppm.

I suspect it's lower than this but we will have that detail soon.

Charles Archer's avatar

For context, in IOCG systems, uranium is often a trace constituent. The ETM problem arose because uranium was intrinsic to the ore body at economically meaningful concentrations and inseparable from the REE extraction.