Is just a matter of kicking back now if your set.
Zero value is built into Tnrs price for any sucess I feel.
Presently there resources are 60k gold, at 500 per oz profit, there cap of 24m is backed by gold.
What is important, is Mt stirling is open on its surface strike of 1km and 220m depth is open.
This round of drilling tests depth at 400m and surface extension.
Is Mt stirling surface to 400m and larger than 1km surface?
If so, tnr has a large deposit.
The present jorc resource is surface to 50m only. They mentioned plans to define larger resource.
Adding 50m to 400m if the drills hit gold there, will lead to a very large resource upgrade I feel.
Looking at 2 rigs at Mt stirling, approx 300m apart with around 10 holes between them atleast is very telling.
To me you don't have two rigs, 2 crews drilling so close if it's bad.
Directors also used 250k of there own money when the 2nd rig arrived.
The results due soon , diorite are not the important ones I feel.
Im more interested in knowing if Mt stirling is 400m deep based on sons of gwalia in the area going to 2200m.
Hopefully diorite rerates tnr if new find as its not been drilled before and Mt stirling seals it with a hit at 400m.
- Forums
- ASX - By Stock
- ASR
- Ann: Notice of General Meeting/Proxy Form
Ann: Notice of General Meeting/Proxy Form, page-56
-
- 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 ASR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $11.20M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $220 | 40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 11052660 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 7632190 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 11052660 | 0.005 |
11 | 19340000 | 0.004 |
8 | 6933652 | 0.003 |
7 | 8500101 | 0.002 |
10 | 20390151 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 7632190 | 7 |
0.007 | 11547234 | 11 |
0.008 | 1622075 | 7 |
0.009 | 4900000 | 4 |
0.010 | 1675000 | 4 |
Last trade - 14.04pm 14/08/2024 (20 minute delay) ? |
Featured News
ASR (ASX) Chart |