"like you said CDU has a measured and indicated resource of 97.9mt @ 0.96%Cu (0.40% CoCuAu cut-off) Market cap of $640m
BTR has an inferred mineral resource of 87mt @ 0.94% (0.50%Cu cut-off) with the recent results will definately improve. BTR current Market cap $200m"
You're assuming 100% conversion from inferred to measured/indicated. Inferred is lowest level of resource confidence.
Excluding current high grade I would think this number resource number will drop by 30-40% in converting to indicated/measured.
Of course if high grade zone is a large volume then increase in market cap to CDUs may well be justified.
- Forums
- ASX - By Stock
- BTR
- the new citadel resources
the new citadel resources, page-20
-
- There are more pages in this discussion • 5 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 BTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $128.3M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $27.00K | 1.500M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 16112325 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 5977790 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 15038061 | 0.017 |
35 | 15607035 | 0.016 |
19 | 5568499 | 0.015 |
11 | 5576843 | 0.014 |
7 | 2899548 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 4377790 | 9 |
0.019 | 10121493 | 19 |
0.020 | 11168345 | 22 |
0.021 | 4135208 | 6 |
0.022 | 3347064 | 9 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
BTR (ASX) Chart |