No idea. I can only manage the uncertainties.
I happen to meet up a club member who happens to be a recently retired gold mining engineer and had a great in depth chat on gold mining. It was more about me picking his brain and I asked if he is aware of POX and does that refer refractory gold. He confirmed but did qualify that different geology is more important to just that negative image of this type of deposit. Mentioned something about a certain deposit in the ‘pyrite’ that consumes a lot of cynosure during extraction. I’ll continue to pick his brain in time.
He said that in resource definition, they use a stats derive modeling using time series and a few techniques that flew past me. Also mention cut off significance that are more significant to low grade project economics. Worked on some big mines for NST and various other projects in WA including Kundana and their JV partners. 60 years of experience!
Are you saying a deliberate crash in valuation to increase holding in anticipation of bigger ASX club? When $ is concern I’m not surprise at the length people indulges in. Friday was either just noise or an early signal.
Ann: Response to ASX Price and Volume Query, page-68
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Last
$1.24 |
Change
0.010(0.82%) |
Mkt cap ! $2.959B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.21 | $4.933M | 4.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13069 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 108282 | 7 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |