Well the MEI cut off was 1000ppm and RDM hits are mostly 1700ppm + with one over 4000ppm by the look of it. Anyway mei is ionic clay and that original mre was based on only 10m deep drills holes I think (drilling deeper now) whilst RDM albeit in granite has 120m hits to end of hole from surface
Link to an interview - deposit some type of hybrid between hard rock and clay so not sure what the economics are.
Clay ionics I think can be ecominc as low as 500ppm for low grade, 1000ppm average grade and over 2000ppm for high grade. Hard rock usually over 1% or 10000ppm is decent or over 2% or 20000ppm for high grade.
So where does rdm sit in terms of grades it needs being a hybrid?
https://youtu.be/BEIl3WrIeVQ?si=umOiR1W0sVq99AwI
- Forums
- ASX - By Stock
- RDM
- Ann: Sybella Drill Assays Confirm New REO Discovery
Ann: Sybella Drill Assays Confirm New REO Discovery, page-61
-
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RDM (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.46M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 402052 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 920859 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 402052 | 0.105 |
13 | 693586 | 0.100 |
1 | 100000 | 0.099 |
1 | 10000 | 0.098 |
2 | 400000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 920859 | 7 |
0.115 | 112401 | 1 |
0.120 | 189200 | 2 |
0.125 | 41666 | 1 |
0.130 | 101284 | 2 |
Last trade - 14.46pm 11/10/2024 (20 minute delay) ? |
Featured News
RDM (ASX) Chart |
Day chart unavailable