Depth will for sure, but my point is more, say you had 2 months to drill and as a result, 2,500m of drilling to fit in.
say you did 5 holes at 500m deep, vs 25 holes at 100m deep. You would get more info/confidence in tonnes by doing the latter. Typically you don’t go too deep to early to keep the market interested in potential upside… you stage the depth down via smaller step outs…
Otherwise, just imagine going deep first up and there’s nothing… whilst I personally don’t think this is the case, the market will cap you for the duster.
Either way, with 25km of outcrop, lack of targets is now out problem.
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3.0¢ |
Change
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Mkt cap ! $22.60M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 3.0¢ | $3.275K | 109.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 206881 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 206881 | 0.030 |
6 | 876322 | 0.029 |
1 | 500 | 0.028 |
3 | 1240370 | 0.027 |
1 | 125000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 150000 | 1 |
0.032 | 633333 | 2 |
0.033 | 1360620 | 4 |
0.034 | 254000 | 2 |
0.035 | 403576 | 3 |
Last trade - 15.42pm 30/06/2025 (20 minute delay) ? |
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