This is my view
Up to 120 pits to be dug over an area approximately 2,700m long by an average 120m wide and to a depth of up to 3m
Management trying to see if they can find ore "high grade hematite rich detrital mineralisation" that is in the above location. The objective of this would mean when mining approval is granted - they will be able to start early works with minimal capital for production of ore.
Digging 120 pits - is almost early works, which could be used for processing straight away?
My views - DYOR
Ann: Discovery of High Grade Iron Rich Detritals at Paulsens East, page-7
Add SRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.05M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 177716 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.12pm 15/05/2024 (20 minute delay) ? |
| SRK (ASX) Chart |
Day chart unavailable