Conico (CNJ) – Technical Analysis & Due Diligence

Sign up for Crux Investor: https://cruxinvestor.com

Interview with Thomas Abraham-James, CEO, and Dr. David Holwell, Advisor of Conico Ltd. (ASX:CNJ)

Our previous interview: https://youtu.be/RxDd6lwBJoM

Conico is an Australia-based mineral exploration company. The Company focuses on cobalt, nickel and manganese deposits. They have deposits in Greenland and Australia.

Ryberg, their flagship project in Greenland, is a multi-element project spanning across a 4,500 km2 area on the east coast of Greenland, 430km NW of Iceland. The area consists of two granted mineral exploration licences and contains surface samples grading up to 2.2% Cu, 0.8% Ni, 0.1% Co, 3.3g/t Pd & 0.2g/t Au.

While Mestersvig, also in Greenland, is located on the east coast of Greenland and is only 5km from the Mestersvig military base. The licence area contains the historic Blyklippen Mine that produced 545,000 tonnes of ore @ 9.9% Zn & 9.3% Pb.

The Company holds an interest in the Mt Thirsty Cobalt-Nickel oxide deposit located approximately 20km northwest of Norseman in Western Australia. Along with cobalt-nickel oxide deposit, the Mt Thirsty project also hosts nickel sulfide mineralization.

00:00 – Company Overview
00:30 – Exploration Company, Regional Exploration & Bushfield Complex
04:12 – Pre-Existing Work, Magmatism Volcanism & Sub-Vertical Feature
09:19 – Accumulated Evidence, Granitic Intrusions & Magnetic Anomalies
15:38 – Negative Polarity, Significant Depths & Rugged Areas
19:32 – Reconnaissance Work, Priority Drill Holes & Market Conditions
22:33 – Climate Change, Retreated Glaciers & Shallow Holes
27:03 – Ground Truthing, Volcano Sedimentary Sequence & Upper Sequence
32:50 – Drill Rigs, Certain Prospects & Greenland Photographs
35:53 – Outro

—

Crux Investor is an investing app for busy people. For a small, monthly membership fee you’ll receive a single stock recommendation each month, curated by industry experts and presented in a clear and focused one-page memo. Head to Crux Investor to learn more and to sign up for your time-saving, stress-slaying membership today.

Learn more: https://cruxinvestor.com