Just did a rough resource estimate on 8 of the 20 deep RC holes at Mandilla East,
Just say its 1.2gpt same as Gold Road which it seems close too,
125m deep, 300m long, 70m wide = 2.62Mt ore @ 1.2gpt = 101,612 ounces so far
AISC of gold road resources is $700US /oz
Current price US$1500/oz
Current value could be 100,000 x (1500-700)/0.75fx = $108M total cash flow,
Albeit these prices are record high,
But if they find more gold deeper & to the north west, to turn this a large system, this stock should keep risings.
New results should be only 1 or 2 weeks away.
- Forums
- ASX - By Stock
- AAR
- Ann: Large Mineralised System Confirmed at Mandilla Gold Project
Ann: Large Mineralised System Confirmed at Mandilla Gold Project, page-33
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.8M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.0¢ | $526.3K | 4.352M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 697969 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 231666 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 697969 | 0.120 |
8 | 1022999 | 0.115 |
5 | 239081 | 0.110 |
7 | 635046 | 0.105 |
26 | 2441778 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 200000 | 1 |
0.130 | 630218 | 8 |
0.135 | 773311 | 7 |
0.140 | 150334 | 4 |
0.145 | 35000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
AAR (ASX) Chart |