RMS staked out the entire gold-bearing formation from which the got their grades for some way along strike.
AAR are working in a different formation. The only benefit is that we know there has been SOME gold migrating in that region in the past as has been laid down in Mandilla and Wattle Dam.
Most major mines are high concentration deposits in the middle of thousands of square kilometers of no resource. Once you move away from the Olympic Dam deposit, massive as it is, there is No U, No Gold, little copper, and only a low concentration of iron only a few hundred meters from the edge of the formation. Proximity means nothing unless you are along strike.
I hold only a small amount of AAR, free carried after selling 75% of my 8c stock at 11c a while back, as it is just a punt at this stage.
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10.5¢ |
Change
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Mkt cap ! $98.19M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 10.5¢ | $132.7K | 1.205M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 402668 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 410000 | 4 |
View Market Depth
No. | Vol. | Price($) |
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3 | 402668 | 0.105 |
7 | 589078 | 0.100 |
1 | 500000 | 0.099 |
3 | 107856 | 0.098 |
1 | 102040 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 410000 | 4 |
0.115 | 259000 | 5 |
0.120 | 887116 | 6 |
0.125 | 273913 | 4 |
0.130 | 573507 | 8 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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