"After Dugald River, the most advanced project is YTC Resources’ Hera-Nymagee Project near Cobar in NSW. The Hera deposit has a global resource of 2.444 Mt grading 3.8% Zn, 2.8% Pb, 0.2% Cu, 16.7 g/t Ag and 4.1 g/t Au, and the nearby Nymagee prospect has a global resource of 8.096 Mt grading 1.2% Cu, 0.7% Zn, 0.3% Pb and 9 g/t Ag. A definitive feasibility study, completed in September 2011, indicated a financially and technically robust project with a minimum 7.3 year mine life. Financing facilities were agreed with Glencore International AG in November 2012, with surface construction and Hera decline development commenced in December. Full-scale ore production is anticipated in the September 2014 quarter, with full-scale mill production anticipated in the December 2014 quarter."
http://www.australianminesatlas.gov.au/aimr/commodity/zinc_lead_silver.html
IMHO I think PEX's much higher grade (many folds higher) in Zinc, Lead, Copper, silver and gold than those two nearby projects.
Is the smart money accumulating PEX?, page-30
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $75.54M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $48.74K | 374.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 78007 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 42000 | 1 |
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| Last trade - 14.28pm 18/07/2024 (20 minute delay) ? |
| PEX (ASX) Chart |