AON is cashed up and drilling underway to expand the exploration target of 350-600 million tonnes at Mt Oscar.
This drilling campaign should be the beginning of defining a JORC compliant tonnage.
I am hopeful that the money acquired will be used to drill Mt Oscar with numerous intercepts shortly spaced to define a JORC standard. This will in turn translate to about 50c per tonne. Thus, with a JORC standard we will be worth the following;
300 million tonnes= $150 million
600 million tones = $ 300 million
Our next door neighbours with a small JORC of 75 million Oz have a price of about 40 million. Apollo's market cap only 18 million.
We should see some uplift soon.
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0.6¢ |
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Mkt cap ! $5.570M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1799791 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1729186 | 8 |
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| Last trade - 09.59am 16/09/2025 (20 minute delay) ? |
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