Coffee with Samso: Mt Dimer - A path to self-funding for Twenty Seven Co?

When I looked at Twenty Seven Co Ltd (ASX:TSC) earlier this year, I got interested in the extensive greenstone belt that made up the Rover Project. Everyone knows that the exploration sector is all about being in a marathon as opposed to being in a sprint. The acquisition of Mt Dimer is a piece of the puzzle that tells me that management is thinking in the right space. To me, Mt Dimer is all about the potential of creating a path to production. If this was achieved, the company would be almost self-funding. The exploration upside that exists in the other projects would complement each other very well. CEO shares strategy In this episode of Coffee with Samso, we have Ian Warland sharing with us the strategy of the company. He tells us about the thinking behind the acquisition of the Mt Dimmer project and the exciting exploration results from Harmonic and Creasy 1 prospects within the Rover Project. Rover’s footprint has expanded form a single tenement to three, covering a total of 461 square kilometres and 140 kilometres of prospective greenstone belt. Read between the lines of what is at play with the spread of projects within Twenty Seven Co and you can tell that management is cooking up a good story. The gold market will remain buoyant and go through its ups and downs. What is important for investors is to understand what companies like TSC are doing and creating value for shareholders. About Twenty Seven Co Twenty Seven Co Ltd is an Australian company exploring for economic deposits containing base and precious metals in highly prospective areas within stable jurisdictions. Formed in August 2018, after acquiring Nomad Exploration Ltd along with several highly prospective exploration projects in Australia, the company changed its name from Uranium SA to Twenty Seven Co Ltd. TSC's CEO Ian Warland, along with the board of directors, makes an experienced team with a proven track record from exploration discovery, through to development and mining operations. Twenty Seven Co has several highly prospective projects in Australia. In Western Australia, TSC is exploring for Archean Gold, Volcanic Massive Sulphide mineralisation (VMS) and nickel sulphides at its Rover Project in the Archean Greenstone Belt. The world-famous Broken Hill Block in New South Wales is host to the massive Broken Hill Lead, Zinc deposit and the Thackaringa Cobalt deposit (ASX:COB). Twenty Seven Co (TSC) has two 100%-owned NSW projects – Midas and Perseus - which are targeting the prospective Thackaringa Group Rocks for copper/cobalt mineralisation. About Ian Warland, CEO Ian is a highly experienced and successful geologist with 25 years’ experience in Australia and overseas. This includes recent experience as site supervisor for Cobalt Blue’s Thackaringa Joint Venture, at Broken Hill in NSW. This role has given Ian an excellent understanding of the cobalt endowment of the Broken Hill region, where Twenty Seven Co has secured two large cobalt-prospective exploration licences via the acquisition of Nomad Explorations Pty Ltd. Ian was joint recipient for Explorer of the Year in 2006 for the discovery of the Jacinth and Ambrosia zircon-rich mineral sand deposits for Iluka Resources Ltd, and subsequently led the team at Iluka which discovered over 20 million tonnes of heavy mineral sands within the Eucla Basin in South Australia. Ian was also an integral part of the development team that resulted in the Jacinth Ambrosia mine commencing within five years of discovery. Ian has also worked in open pit and underground base metals mining and explored domestically and internationally for cobalt, copper, gold, uranium, base metals, lithium and industrial minerals. Ian completed a Bachelor of Applied Science Geology with First Class Honours from the University of Technology Sydney and won the University Medal for his outstanding academic efforts. He also has an Associate Diploma in Environmental Control from Charles Sturt University, and a Graduate Diploma in Applied Finance and Investment from the Securities Institute in WA. Please let us know your thoughts and send us any comment to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. For further information about Coffee with Samso and Rooster Talks visit: www.samso.com.au Samso is primarily a consulting company that delivers digital information to the market in terms of creating organic content. Samso simplifies your story to customers or investors. Samso creates organic content for you to engage your audience and BRAND yourself to them. Samso provides bespoke research and presentation for clients to engage their customers or investors. Organic content allows audiences to feel a real sense of sincerity when you share your business strategy, allowing your business to stand out among the sea of social media traffic. Working with Proactive Group allows exposing our Insights to over 1.2 million monthly unique views internationally. Samso has nearly 30 years of experience in developing business ideas and concepts in the Australasian region. Samso has worked primarily in the mineral resources industry, capital markets and corporate finance. Noel Ong is the founder of SAMSO.   Disclaimer Samso and affiliated companies accept no responsibility for any claim, loss or damage as a result of information provided or its accuracy. The information provided is general in nature, not financial product advice, see a financial expert before making any investment decision. 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