Ann: Quarterly Activities Report, page-18

  1. 3,270 Posts.
    lightbulb Created with Sketch. 2209
    Area 5 is a big area of around 3-4mt I believe and a high grade section of around 2mt that grades over 2% ore. Each stope differs in size but let’s call it 30,000t per stope - so there’s many many stopes to take out of Area5.

    For whatever reason they weren’t able to extract a stope they had planned to in Area5 during the quarter. Could have been rock hardness, water, equipment availability, equipment interactions etc etc So instead of stoping 2% ore at Area5 in the March quarter they took a stope of likely sub 1% ore at CFB zone. No big deal, we’ll get that higher grade stope in Q2 (When prices are higher).
    Last edited by Cashmeoutside: 26/04/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
60.5¢
Change
0.005(0.83%)
Mkt cap ! $536.2M
Open High Low Value Volume
60.0¢ 61.0¢ 59.8¢ $1.067M 1.771M

Buyers (Bids)

No. Vol. Price($)
1 16800 60.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.0¢ 13011 2
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.