Hi @Giovanni33 - last thing I want is to loose sight of the prize because of disagreements - but I also think further discussion about the Lassonde Curve is productive.
So here are two such curves - the theoretical one above and a practical outcome below. There is quite a difference - and that IMO is representative of how theory often/usually differs from practice. Source https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/
Yes quite a difference, but if we were to say that AW1 at Storm is embarked on several such discovery horizons and that the expectations can be overlayed - then the engineer in me says 'all you will get is noise'
I do have to say however that the Oyu Tolgio mine is not a typical example - during development and to the present day there are social, environmental and political/corruption issues. And they seem to have caused loss of wealth over the latter stages.
Lets wait and see how these factors play out, and if we can predict price action from them.
Cheers.
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Mkt cap ! $62.18M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 930477 | 11.0¢ |
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Price($) | Vol. | No. |
---|---|---|
11.5¢ | 202004 | 7 |
View Market Depth
No. | Vol. | Price($) |
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13 | 930477 | 0.110 |
10 | 1615998 | 0.105 |
9 | 692061 | 0.100 |
1 | 200000 | 0.095 |
1 | 6000 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 202004 | 7 |
0.120 | 177001 | 4 |
0.125 | 219117 | 5 |
0.130 | 819251 | 8 |
0.135 | 583795 | 10 |
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