Naaahh. You're wrong, and you know it.
For someone who has no skin in the game, you sure spend a lot of time commenting on stocks you don't own. Is this a psychological issue?
Firstly, management understand the orebody characteristics very well. This has been studied, and is currently under further study, in support of the DFS. There are several streams of study currently being undertaken, that will feed into the DFS.
Secondly, there is an enormous amount of sunk cost in this project, from the previous owner, providing a significant body of work that has augmented the work undertaken by ELT.
Thirdly, a robust DFS undertaken by an experienced engineering firm, will be ample to answer all our questions. In the end, it is a relatively shallow open pit mine, with a well-defined mineral envelope, and a well understood geochemistry. There is a very well understood crushing, grinding, mineral separation and processing methodology, this is hardly unprecedented.
Relax, ELT has this covered. You can stop spreading fear, and worrying about stocks you don't own. Go have some fun, live your life.
- Forums
- ASX - By Stock
- ELT
- Ann: Oropesa DFS Commencement
Ann: Oropesa DFS Commencement, page-23
-
- There are more pages in this discussion • 48 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 ELT (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $19.47M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.7¢ | $27.68K | 273.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5911 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 75075 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5911 | 0.100 |
2 | 472668 | 0.097 |
1 | 10985 | 0.091 |
1 | 44000 | 0.090 |
1 | 10000 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 75075 | 1 |
0.115 | 55501 | 2 |
0.125 | 76211 | 1 |
0.130 | 103987 | 2 |
0.135 | 59000 | 2 |
Last trade - 11.02am 26/07/2024 (20 minute delay) ? |
Featured News
ELT (ASX) Chart |