Thanks, Ezrida, for your post. It illustrates the fact that people get hung-up on grade too prematurely.
At this stage, it's the mapping out of the structure of the zone... hence the terminology "massive sulphides". It's the sizes and number of the pieces in the jigsaw that indicate how prospective this tenement is not the grades so much.
High grades are just like cream on top. It's the indicativeness of the geometry that's being mapped out that is looking so exciting. The similarities to Nova that will put another rocket under the SP once the market has woken up to itself that grades are not king at this stage... its quantity over quality that is the clincher.
PS: Your post helped me understand the significance of maiden results in a goldie I'm invested and following. An uncanny resemblance given that their tenement is within a very affluent neighbourhood and some of their project zones being named "Creasy 1", "Creasy 2" etc
- Forums
- ASX - By Stock
- LEG
- Ann: Final Assays & Structural Report Confirm Mawson Discovery
Ann: Final Assays & Structural Report Confirm Mawson Discovery, page-27
-
- There are more pages in this discussion • 27 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 LEG (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.91M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $6.587K | 596.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 881804 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.011 |
8 | 830000 | 0.010 |
6 | 1746771 | 0.009 |
4 | 2870000 | 0.008 |
6 | 8671428 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 881804 | 4 |
0.013 | 701429 | 4 |
0.014 | 321699 | 1 |
0.015 | 66600 | 1 |
0.016 | 120000 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
LEG (ASX) Chart |