I am no geologist, but from my observation of the usage of seismic by other ASX listed miners that I follow, I am not going to put much weight on potential identified by seismic.
As a holder I certainly hope there is something there that drilling validates, but even if it does it will certainly be deep and need to have the grades for UG mining. Furthermore if it just extends mine life I am not sure it is really capable of turning the dial on NPV.
Interesting, but until there’s something substantive proven I”ll be factoring in sub 1 cps to the sp.
EL
Ann: 3D seismic points to large copper target under Hillside, page-8
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RXM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $352.4M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.5¢ | 45.0¢ | $552.7K | 1.227M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1405299 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 1063760 | 17 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| RXM (ASX) Chart |