Exactly right.
At no point did the company endeavour to do anything less than a cluster of local deposits to generate enough tonnage for a plant. The company needs to give some clear direction in regards to the Beecher MRE exploration target and due date.
If we got 15MT-20MT from Beecher with a mining licence is worth a lot more than a $40 mill MC IMO.
Throw in some tonnage from Tin Mountain. We are starting to get somewhere. 40MT MRE can hopefully be an economic deposit size to warrant a plant and bob is your uncle.
- Forums
- ASX - By Stock
- IR1
- Ann: Quarterly Activities and Cash Flow Report
Ann: Quarterly Activities and Cash Flow Report, page-69
-
- There are more pages in this discussion • 56 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 IR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.58M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 18.0¢ | $5.245K | 28.94K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40269 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 23213 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40269 | 0.180 |
1 | 10000 | 0.165 |
1 | 10000 | 0.160 |
3 | 123000 | 0.150 |
1 | 25000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 53170 | 3 |
0.235 | 1575 | 1 |
0.240 | 10000 | 1 |
0.245 | 25000 | 1 |
0.250 | 23124 | 1 |
Last trade - 13.08pm 02/09/2024 (20 minute delay) ? |
Featured News
IR1 (ASX) Chart |