While I understand what you are trying to say you are mixing up fundamentals.
Halite and black sand layers are related to replenishment / flow rate of the physical resource. If they are revised up they may drive an increase but I doubt we are going to double porosity for example. Its been measured by a lot of Companies and you could throw a blanket over the results.
Recovery rate is related to the process and I agree PA may have an improvement there but not significantly large.
As I said (and I acknowledge you agreed) the best way to significantly increase the JORC is to purchase more land over a brine resource. This is because of the "technicalities" of what must officially goe into it and what commercial investors will be bound to - we need those commercial investors.
I am sure management have been scoping this out for a while now just looking for the most suited purchase. Probably something adjoining our tenements so the resource can be described as contiguous and be part of our existing JORC.
Good discussion either way.
- Forums
- ASX - By Stock
- AGY
- General Comments & Banter
General Comments & Banter, page-8006
-
- There are more pages in this discussion • 6,893 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.2¢ |
Change
0.011(13.6%) |
Mkt cap ! $133.9M |
Open | High | Low | Value | Volume |
8.4¢ | 9.6¢ | 8.3¢ | $761.7K | 8.626M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14047 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14047 | 0.092 |
2 | 60000 | 0.091 |
1 | 9034 | 0.090 |
2 | 111235 | 0.089 |
1 | 7500 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 10000 | 1 |
0.095 | 153809 | 2 |
0.096 | 20000 | 1 |
0.097 | 53000 | 2 |
0.099 | 500000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online