250g/t or about 7.5 oz/t!
I'm hopeful we'll need to start to use the oz/t measurement to save on ink
Burner, you're near right on the grade. I started writing from memory then easily found @Wack's great post here - https://hotcopper.com.au/posts/75637479/single - and realised that I was undercooking it.
I thought they believe it to be 2-3g/t but it's actually ~4g/t average. The TOMRA essentially sorted the wheat from the chaf and brought this into about 30g/t ore to actually feed into the plant, saving a load of time and cost and ultimately bringing down the AISC. We don't yet know the new projected AISC figures but I'm keen to.
PFS is here - https://vertexminerals.com/wp-content/uploads/2024/03/Vertex-Reward-Gold-Mine-Information-Memorandum-030324.pdf
Huge amount of great detail in there. Says the numbers are +/-25% accuracy, which seeing as the gold price is up THIRTY PERCENT since this was created, which is all straight to the margin
Great research report here from back in Feb putting VTX valuation of 40c/share forward. Granted, there's been dilution since then to the tune of 20% or so, but there's also been 8 months of hot shit progress
https://www.breakawayresearch.com/media/buneudcq/vtx-240229.pdf
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vertex minerals limited
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Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $57.48M |
Open | High | Low | Value | Volume |
28.0¢ | 28.5¢ | 27.0¢ | $118.5K | 432.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 73700 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 31850 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 73700 | 0.270 |
6 | 138480 | 0.265 |
4 | 120026 | 0.260 |
3 | 122253 | 0.255 |
5 | 199876 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 31850 | 2 |
0.290 | 26941 | 1 |
0.295 | 82160 | 2 |
0.300 | 74067 | 3 |
0.310 | 28000 | 1 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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