Straws, exactly right. I don't want to paraphrase William too much but essentially that is what he said today. Still getting to understand the orebody.
Clarifying a couple of things on Bluebottle's post:
Did William say we think Los C will be a mine? An open pit mine? But won?t know precise shape / size / grades etc till we do lot of drilling?
Yes, William said Los Calatos will be a mine and that it will be open pit. They don't know what size open pit at this stage and that is part of what Straws said in his post: They are still getting to understand the orebody with the current drilling. Further it will take a heap more drilling, 100,000m's to know what type of mine. It sounded to me they will have a better handle in the near term ie next mth or so and in my opinion this may be why they are moving to a stage ramp up of drill rigs from 4 to 6 to 8. Speculation on my part with that last point.
To me there isn't too much doubt that Los Calatos is good but the question is how good.
- Forums
- ASX - By Stock
- LCL
- some agm comments
some agm comments, page-7
Featured News
Add LCL (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $8.683M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 0.9¢ | $31.71K | 3.137M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1441543 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 836122 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1441543 | 0.009 |
4 | 1896971 | 0.008 |
10 | 9464131 | 0.007 |
11 | 8313333 | 0.006 |
8 | 2841080 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 836122 | 3 |
0.011 | 1700000 | 3 |
0.012 | 946346 | 4 |
0.013 | 83333 | 1 |
0.014 | 2050428 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
LCL (ASX) Chart |