Strike length is 1,000m.
Strike width 275m - average length of strike along the 11 lines
Area of strike = 275,000 sq m.
Average depth of intersection = 7.8m
Density of rock = 2.5T/cu.m.
So tonnage is 5.4Mt at an average grade of 369g/T for 62m oz.
With 335m shares on issue that's 0.18 oz/share. This compares with 0.015oz/share for AYN and CCU at 0.124oz/share. But AYN and CCU are producing.
Do not place any reliance on these ramblings, this is no attempt at a JORC but just my back-of-an-excel-spreadsheet guess at how much might be there, certainly enough to keep me in the stock at 18c.
Things to consider:
Many lines are open at one or both ends.
No account has been taken for Pb, Zn, Cu or Au credits
Holes are of various depths and angles, so no consistency.
This is just Paris. Plenty of other similar prospects at Peterlumbo, plus the other tenements.
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Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $61.96M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.7¢ | $31.59K | 828.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 605750 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 903910 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 605750 | 0.038 |
5 | 390240 | 0.037 |
5 | 612755 | 0.036 |
3 | 368215 | 0.035 |
2 | 443707 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 903910 | 6 |
0.040 | 938008 | 13 |
0.041 | 358500 | 4 |
0.042 | 348000 | 2 |
0.043 | 620000 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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