"The Company is currently working up an exploration programme for the area which will include geochemical surveys, IP geophysical surveys and drill targeting on gold mineralised extensions and structural targets, IP anomalies and magnetic anomalies."
So 2 years of not being listed and they don't yet have drill targets. So it sounds like 3 months atleast before geophysical surveys/geochem are compiled and drill targets are identified. So then its just about cyclone season out there and access is limited by rain.
So the cash will last til Dec according to them and may not even include drilling. So by that logic, CR most likely as soon as a drill program is announced in Oct. Shame that they didn't have their ducks in a row for a quick start to drilling.......
Deep drilling won't be cheap and surely a consolidation is needed before issuing any more shares (3.9B is already too many).
Still might grab a few but setting my expectations lower in the short term. Hard to justify 20m MC while there is not much cash and a shady history.
Good to see it trading again, DYOR and GLTAH
- Forums
- ASX - By Stock
- PSL
- Ann: Grace Gold-Copper Project - 3D Aeromagnetic Modelling
Ann: Grace Gold-Copper Project - 3D Aeromagnetic Modelling, page-23
-
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PSL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.840M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 234778 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 106919 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 234778 | 0.013 |
2 | 83263 | 0.011 |
4 | 470500 | 0.010 |
2 | 575000 | 0.009 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 136919 | 2 |
0.015 | 930810 | 4 |
0.017 | 35715 | 1 |
0.024 | 203458 | 2 |
0.030 | 33334 | 1 |
Last trade - 11.28am 03/07/2024 (20 minute delay) ? |
Featured News
PSL (ASX) Chart |
Day chart unavailable
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online