On balance deep drilling looks no better or worse than expected imo. Some ~1% rutile holes below the last MRE but also many dropping off into low grades. Enough to show some pits can be extended deeper, greatly improving economies of scale and reducing mining costs, though more infill drilling def required to see what lateral distance of influence deeper holes have.
Meanwhile, buried deep is a typical management grab for more cash when low performance rights hurdles are not met... simply change the hurdles mid race such that they are reach and management get their freebies...
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- Ann: AC Drilling Indentifies High-Grade Mineralisation At Depth
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sovereign metals limited
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Ann: AC Drilling Indentifies High-Grade Mineralisation At Depth, page-2
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Last
76.0¢ |
Change
-0.010(1.30%) |
Mkt cap ! $491.6M |
Open | High | Low | Value | Volume |
76.5¢ | 77.5¢ | 75.0¢ | $495.7K | 651.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 32631 | 75.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 29631 | 0.750 |
4 | 39080 | 0.745 |
4 | 547000 | 0.740 |
1 | 2721 | 0.735 |
4 | 34856 | 0.730 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 20000 | 1 |
0.780 | 2307 | 1 |
0.785 | 700 | 1 |
0.800 | 26766 | 3 |
0.810 | 11000 | 1 |
Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
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