Hi Guys,
Keep in mind this following chart from 'The Angry Geologist'.
It indicates that in isolation, this drill hole, whilst massive in length has sub-economic Cu eq grades to to UG unless Cu prices are much higher:
I realise that this is part of a much larger picture here, so don't write XAM off, but the graph above probably explains why the SP didn't explode on the drill release.
Cheers
John
Ann: Significant Extensions to Mineralisation at White Hill, page-11
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Last
8.0¢ |
Change
0.001(1.27%) |
Mkt cap ! $183.2M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 8.0¢ | $813 | 10.16K |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 45325984 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 7512998 | 27 |
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| Last trade - 14.59pm 25/07/2025 (20 minute delay) ? |
| XAM (ASX) Chart |