It is an interesting situation.
I still stick by my comments that the way the information has come out and the fact that the report is indecisive means the project has been badly handled with regard the PR.
If I look at things from a slightly different perspective, consider this.
I could not tell you anything about SRK, whether they are good, bad or indifferent or what track record they have.
However , one would assume they were chosen because they have the requisite knowledge to do a Uranium JORC.
Has the fact that some of THX assay results are of the highest grades ever seen in Australia thrown a curve ball at SRK.
It all becomes a bit clearer why the delays.
I believe SRK have been scratching their heads without a clue as to what assumptions can be made with regard continuity because of the high grades.
Clearly these guys don't want to put down a high figure only to be found wrong later and have their pants sued off.
Like Brett says, there are no holes to suggest there is not continuity but the SRK are still taking a conservative approach and asking for more drilling before they feel safe signing off.
Definitely not how things should happen but I guess we need to move on and keep working smart and keep working hard..
- Forums
- ASX - By Stock
- OAU
- maiden uranium resource thundelarra disappoint
maiden uranium resource thundelarra disappoint, page-9
-
- There are more pages in this discussion • 25 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 OAU (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.70M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3485503 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 32371005 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3385503 | 0.005 |
16 | 20935897 | 0.004 |
6 | 3213355 | 0.003 |
8 | 7070398 | 0.002 |
12 | 48792041 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 30721005 | 27 |
0.007 | 28474443 | 16 |
0.008 | 13186005 | 10 |
0.009 | 14962271 | 6 |
0.010 | 5717134 | 8 |
Last trade - 16.14pm 30/08/2024 (20 minute delay) ? |
Featured News
OAU (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online