CHR

2.94%

7.0¢ charger metals nl

Ann: Charger Confirms High Grade Lithium at Medcalf, page-154

First 154 Last

Share
Profile

Follow
KuKuDE

18 Posts.

4

02/03/23

09:54

Post #: 66554476
Share

Originally posted by FreeflyerNZ: ↑

Compare the strike length of both Cancet and Adina,
the depth,
the amount of drilling and the widths, grades
access to hydro,
DMS only,
Low iron content and limited crushing,
who is running the ship,
Environmental studies
Access to capital at a 100% premium through FTS.
Therefore I believe they should be atleast 20x with already to extremely economic deposits and one being a monster.

BNR on the other hand is close to a chemical converter and has fantastic rock chip samples. But I agree it is well overpriced and this is underpriced.

I spoke to David as I was very surprised by the assay results versus visual estimates.

The visuals especially for holes 3 and 17. They are different to what was reported visually by a long way. Usually you will see variances in grade but not depth. 25% is pretty high spodumene content so to go from up to 25% spod to 0 is strange.

Charger reported visuals of 10-25% spodumene at 25-31m depth.
Yet assay results for hole 3 start from 61m+
Same goes for hole 0017 visual spod started from 100m+,
yet assay results show NO spod intercepts at that depth or greater. Assay results, instead, show significant amounts of spodumene but all shallower than 100m.

The geologist is now involved in the fieldwork, not sure if he was or wasn't before and they're reconciling ways to do better.

I think they jumped the gun thinking it would be easy enough to visually estimate but the reality is it can be tricky to identify. A lot more so, when it's your first drill campaign and first set of assay results. This could improve in future or they could refrain from visual estimates imo.

On a positive note they have gone for assaying any material that is whilte/light with obviously a margin either side so they believe they will not miss anything.

We are still waiting on drilling results from the drill holes in 2023.

Expand

Thanks mate, great post.
What's your opinion about Bynoe, my research says it has a huge probability to deliver?

CHR Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Trump is President Again: What Does This Mean for Crypto?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

IMU

Imugene kicks off Australian trial for blood cancer treatment

First 154 Last

Add CHR (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.002(2.94%)		Mkt cap ! $5.419M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$6.451K	92.15K

Buyers (Bids)

No.	Vol.	Price($)
4	87253	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	20000	1

View Market Depth

No.	Vol.	Price($)
3	77253	0.070
1	28985	0.069
3	235697	0.068
2	64344	0.067
1	31746	0.066

Price($)	Vol.	No.
0.072	20000	1
0.073	20000	1
0.076	12000	1
0.078	45000	1
0.090	23546	1

Last trade - 12.34pm 08/11/2024 (20 minute delay)

CHR (ASX) Chart

Ann: Charger Confirms High Grade Lithium at Medcalf, page-154

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Trump is President Again: What Does This Mean for Crypto?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

Universal Biosensors flat despite fresh deal with US medical product distributor

Imugene kicks off Australian trial for blood cancer treatment

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Charger Confirms High Grade Lithium at Medcalf, page-154

Top Stories

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Trump is President Again: What Does This Mean for Crypto?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

Universal Biosensors flat despite fresh deal with US medical product distributor

Imugene kicks off Australian trial for blood cancer treatment

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News