XSO 0.30% 3,109.1 s&p/asx small ordinaries

The Brains Trust - 2020, page-34

  1. 1,511 Posts.
    lightbulb Created with Sketch. 284
    MRQ
    Early to call it a monster with only 8 out of 74 assay drilling results released
    Batch 2 results 17 Jan , batch 3 results late Jan , batch 4 results early Feb
    Grades Over 5% are very promising , need to see the length of mining ( LOM )
    early days and long way to go to prove up the resource before calling it a monster ( the coy geologists might know more )
    SP closed today at 0.020 with volume of 15.6 mil
    The volume since the 16 Dec is indicating it might be promising
    By comparison SAV .LSX , near by in Mozambique, have grades of 3.9% with a high grade zone of 6.2% with LOM of 30 years
    Won't disagree with @binwood as he has more experience
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.