REZ
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3.85% 2.7¢ resources & energy group limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

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  1. lifegoals
    1,259 Posts.
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    31/07/24
    10:45
    Post #: 74998794
    very interesting with gold prices on the rise, the company has decided not to sell mt Mackenzie... instead they will retain it.... my bet is once they establish the economics of vat leach they will expand vat leach to mt Mackenzie

    current MRE at mt Mackenzie has been estimated at 3.42MT @1.18g/t gold and 9g/t silver for a total of 129,000 oz gold and 862k oz silver


    129,000 oz of gold is worth a fair wack at todays market price!!

    further to this company is confident first gold pour this quarter

    glah
    REZ Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.7¢ 		Change
0.001(3.85%) 		Mkt cap ! $18.06M
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2.6¢ 2.7¢ 2.6¢ $5.298K 199.1K

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