LIN 0.00% 11.5¢ lindian resources limited

A globally significant project, page-3

  1. 2,806 Posts.
    lightbulb Created with Sketch. 644
    Good analysis, I did a back of envelope calculation.

    If we assume:
    the average height of mineralisation: 300m
    the average width: 300m
    the length: 650m
    The density of the corbonitite: 2.7
    We get 300*300*650*2.7= around 158 million tonnes of ore at around 2.5%. Double the height, we have 315 million tonnes.

    The breccia zone has half the grade (may be less), but it seems like it will add around 50% more to the tonnage.


    https://hotcopper.com.au/data/attachments/5007/5007074-a88ba63f4c0678ac96ab9fe90d4a0cb7.jpg



 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $132.5M
Open High Low Value Volume
11.3¢ 12.0¢ 11.3¢ $37.07K 325.1K

Buyers (Bids)

No. Vol. Price($)
4 134668 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 79050 4
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.