CHR charger metals nl
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CHR General Discussion, page-81

  1. Millgates
    1,121 Posts.
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    12/01/23
    13:14
    Post #: 65656963
    https://hotcopper.com.au/data/attachments/4963/4963769-9a825bb28665eb04f072940a5557924a.jpg
    https://hotcopper.com.au/data/attachments/4963/4963772-80bcf7dad8aac09efd4879052e545204.jpg

    I am really surprised that only 25 holes, 3,636m drilling can give you a MRE. But that was what happened at Manna. I don't have the data for the 25 holes. Instead, I used the information in the first picture, 25 datas too.

    https://hotcopper.com.au/data/attachments/4963/4963781-2df3fd76fa3dfa5027ceb665336f6c80.jpg

    174m interceptions could give you a 9.9 million tons! Our phase 2 drilling could give us more than 25 holes, 3,636m. Can we expect the MRE middle this year? I can only hope so. Nowadays, 10 million tons rough equal to 100-150M market cap. Let's see what Medcalf is capable of. Not advice.
    CHR Price at posting: 46.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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