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2.7¢ resources & energy group limited

Ann: First Gold Pour Expected at East Menzies this Quarter, page-33

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seastan67

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19/07/24

16:12

Post #: 74832157
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Originally posted by lindentr33: ↑

some points regarding the announcement...
i believe that pouring gold this quarter may be a little optimistic...

final applications for work permits were only submitted on the 19th june, and should only be aproved about now, meaning they can only start turning dirt in july, leaving at most,10 weeks in the quarter to mine and treat 5,000 tonnes of material.

unless they have pre-existing approval to construct a dam and set up plant, they are probably miles away from starting leaching or recovery of gold...they do falk about purchasing long lead items now (to get some idea of the scope of that, takea look at the plant design for cavalier's proposed "crawford" heap leach set up).

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I think with todays action , the cat is out of the bag.
We are going to see a strong News flow next week, I am sure.
Fantastic day for REZ Holders well done!!

REZ Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.7¢		Change 0.001(3.85%)		Mkt cap ! $18.06M

Open	High	Low	Value	Volume
2.5¢	2.7¢	2.4¢	$59.97K	2.418M

Buyers (Bids)

No.	Vol.	Price($)
2	758037	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	99999	1

View Market Depth

No.	Vol.	Price($)
2	758037	0.024
1	3478260	0.023
1	95238	0.021
2	5500000	0.020
1	600000	0.015

Price($)	Vol.	No.
0.027	99999	1
0.029	396112	2
0.030	305000	4
0.032	1276943	1
0.033	377328	4

Last trade - 16.10pm 28/10/2024 (20 minute delay)

REZ (ASX) Chart