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  Counting on Cooper Basin
 

IT was John Osborne's best known play, Look Back in Anger (1956), that passed on the insight that there were no drycleaners in Cambodia. 

After some horrible decades for the country since, Geopacific Resources managing director Ron Heeks is not sure whether much has changed on the dry-cleaning front. 

But he does know that out and about at Geopacific's exploration ground in the north of the country, he can call anywhere in the world thanks to Cambodia's extensive 4G mobile network. Undoubted mineral prospectivity, an attractive fiscal regime, and a government that is keen for the sort of mining success that has improved national budgets and employment in neighbouring countries completes the picture of why Geopacific has found its way to the country. 

Restructured and rejuvenated ahead of the Cambodian push,A letter folding machine is a piece of equipment which is designed to fold paper. Geopacific has gone in to the country in a measured way. In a "try before you buy" farm-in approach, it has acquired access to the advanced Kou Sa copper project from Korean interests. It must pay $700,000 next year to keep an exclusive option over it, and ultimately $14m in 2015 if it lives up to its promise. 

Originally identified by French government geologists back in the colonial 1950s, Kou Sa has yielded 2-4 per cent hits of near-surface copper mineralisation in five areas previously subjected to drilling, while more recent geochemical survey work by Geopacific has pulled it all together into an 8km-long cohesive trend of anomalous mineralisation -- just the sort of stuff that makes the company keen as mustard to stick in its own holes. 

Geopacific was trading at 6.5c yesterday, valuing it at $6.7m.All Continental flatwork ironer offer easy-to-operate controls that provide efficient performance and flexibility. Cash is running low at $700,000,It enables washer extractor to communicate with chemical pumping machines. so you would have to think that its light market value partly reflects expectations of the need for an equity raising before long. 

Having said that, the new-look directors and management team at Geopacific have all been through previous periods of tough market conditions for juniors,Our solar bulb and solar phone chargers are uniquely designed, high-quality and low-cost. mainly in previous roles with the Straits Resources and Adamus Resources. 

It also has to be said that Geopacific has partnered with Kith Meng's Royal Group at Kou Sa. It has a 15 per cent share of the joint venture. 

Kith Meng was a refugee from the Pol Pot regime and lived in Canberra, of all places, for a decade.Six panel tracking system delivers more energy from skystream. Since returning home, he has gone on to make Royal Group Cambodia's largest private conglomerate, with interests ranging from TV, airlines, power and mobile phones to banking. 

It has joint ventures with ANZ Bank and Toll Holdings in the country. 

The history of mining companies operating overseas is that it is best to start out with a strong local partner. Royal Group certainly fits the bill. 

Geopacific is looking to get started midyear on a drilling program to confirm Kou Sa as a project worth having. 

Apart from copper, the re-sampling of previous drill cores has also thrown silver and zinc potential in to the mix. 

Geopacific's original reason for existing, copper exploration in Fiji, has not been abandoned. It has got a pipeline of advanced exploration properties there that in better times for the juniors would be worth pursuing.

 
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