TSO 10.0% 3.3¢ tesoro gold ltd

Ann: Pause in trading, page-31

  1. 1,566 Posts.
    lightbulb Created with Sketch. 328
    Ok... ill try explain in layman's terms.
    they think they can get it out with a cut off of 0.3g/t.
    in order to capture the resource they used $2500USD to capture this in a pit shell.

    They insinuated that 250koz is not included as it did not have enough infill drilling. (They were not supposed to tell you that) but they did. So...

    the pit holds hopefully (910koz....) 660 +250.
    But they had to remove the 250 due to lack of infill drilling. This changed the usd price of the pit to show you how much was there... as those infill drill come in. The price will drop as its not waste.

    does this make sense?


 
watchlist Created with Sketch. Add TSO (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
0.003(10.0%)
Mkt cap ! $49.94M
Open High Low Value Volume
3.0¢ 3.4¢ 3.0¢ $162.3K 5.159M

Buyers (Bids)

No. Vol. Price($)
2 860000 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 98500 2
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
TSO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.