I encourage people to have a read of STN's latest presentation. They are going the HL route also.
They have 2.03moz all up at a grade of 0.54g/t, so for anyone that says our 0.7g/t grade is too small, think again.
They are looking to produce 122koz per year
ASIC $1,857oz
Mining $4.50/t
Processing $9.42/t
Projected earnings A$ 1.038B at a gold price of A$2,665 (current price is double that)
With the current gold price, I can see many more HL programs getting underway with lower grade resources.
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Ann: Cross Fault RC Drilling Confirms Significant High-Grade Gold, page-61
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7.8¢ |
Change
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Mkt cap ! $17.86M |
Open | High | Low | Value | Volume |
7.1¢ | 7.8¢ | 7.1¢ | $86.52K | 1.168M |
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No. | Vol. | Price($) |
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2 | 82056 | 7.1¢ |
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Price($) | Vol. | No. |
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7.7¢ | 100000 | 1 |
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No. | Vol. | Price($) |
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1 | 20000 | 0.070 |
2 | 65000 | 0.068 |
1 | 100000 | 0.066 |
2 | 96923 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 100000 | 1 |
0.078 | 5621 | 1 |
0.079 | 23354 | 1 |
0.080 | 869764 | 3 |
0.082 | 100000 | 1 |
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