Yes interesting - whilst Simon Dominy is an acknowledged expert why then did he not advise Novo there was and still is only one way to prove up the conglomerates - physical mining and processing through a large capacity gravity separation plant. Under his stewardship they ran all sorts of highly technical laboratory procedures and got nowhere -they persisted with the ore sorters which years later haven't processed a tonne of dirt - when all it required was establishment of a big gravity plant on site to accurately determine tonnages and grade.
I will guarantee if I took Simon Dominy on an old mill site where we recovered millions of dollars in gold - he would not know where to start. It didn't matter whether it was the Chairman -the Managing Director -the Metallurgist -the Geologist not one of all the experts we dealt with had the foggiest idea how or where we recovered thousands of ounces of gold across our jigs and concentrators -nuggets as big as your fist !
ARV don't have any prime conglomerate gold acreage left as I recall - but if Alistair Clayton or Simon Dominy or anyone wants to kick start the story again and generate millions in revenue -which I presume would be very welcome at the moment- I can guarantee a gravity plant costing very little is capable of generating significant cash flow. Maybe $20 -30 million laying around Karratha for a peppercorn in capital cost.
I am talking to Quinton -occasionally to Alistair -but I don't want to hurt their pride - But maybe its time someone got hold of them all and knocked their heads together and for once they listened to the old bloke.
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0.8¢ |
Change
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Mkt cap ! $30.11M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $15.87K | 2.019M |
Buyers (Bids)
No. | Vol. | Price($) |
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16 | 8691206 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.8¢ | 24794227 | 15 |
View Market Depth
No. | Vol. | Price($) |
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16 | 8691206 | 0.007 |
24 | 50626937 | 0.006 |
31 | 33421714 | 0.005 |
30 | 23079011 | 0.004 |
13 | 9241665 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 24794227 | 15 |
0.009 | 5797216 | 11 |
0.010 | 10451668 | 11 |
0.011 | 1105000 | 4 |
0.013 | 125000 | 1 |
Last trade - 16.10pm 18/09/2025 (20 minute delay) ? |
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