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5.8¢ hillgrove resources limited

Kanmantoo Copper mine ready to go ? For real ?, page-37

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pickalmickal

123 Posts.

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18/04/23

12:34

Post #: 67331408
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Originally posted by plough: ↑

I never made an estimate of total tonnage , as that would require inputting a total vertical depth , which I did not do I was just looking at tonnage per vertical meter
It took me 5 minutes to work out as a novice( I just looked at drill intercepts under the pit ) and made a stab in the dark guess at grade and true ore body width , so not quite up to BFS standard taking 6 months done by supposed experts krigging wire frames and a 20k per annum soft ware program ,.

Maybe there are other orebodies to get your 5.6 Million tonnes but they are irrelevant if the first ore body mined is uneconomic

Although after a quarter of a century trading (15 as only form of income) I tend to trust my own initial intuition more than many BFS studies done by those on a salary with vested interest in a successful prognosis for something that is quite often DOA .

Actually I really do not give a flying koala if this is viable or not as am not vested in it , was once before though .

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If you don't give a flying koala, why are even commenting or should I say bullshiting.You can flock off when ever you feel like it.

HGO Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.8¢		Change 0.003(5.45%)		Mkt cap ! $121.5M

Open	High	Low	Value	Volume
5.6¢	6.0¢	5.6¢	$207.6K	3.622M

Buyers (Bids)

No.	Vol.	Price($)
7	705788	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	435437	2

View Market Depth

No.	Vol.	Price($)
1	60000	0.057
7	705788	0.056
9	759611	0.055
3	720000	0.054
9	641869	0.053

Price($)	Vol.	No.
0.058	435437	2
0.059	285213	1
0.060	600638	2
0.061	84057	2
0.062	140000	1

Last trade - 11.42am 06/08/2024 (20 minute delay)

HGO (ASX) Chart