"Without diamond core or extremely high quality and detailed RC logging", seems like a fair statement to me, I would not commit to assumptions based on old data neither. would it not be fair to say the 4mil will be used for further drilling to firm up an economical PFS. Seems as though this high-grade ore has remained valued very well, under the assumption if its proven there is over 8MT of over 64 FE valuing at a premium at 120 AUD - would it be fair to say the MC will be valued accordingly? seems to me for a tight shell there would have been options on the table for LIT or Cobalt or any other fly in fly out commodity - again based on the assumption you would assume this is a deal looking to stick.
Ann: Acquisition of High Grade DSO Hematite Iron Project, page-12
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $194.5M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $418.2K | 1.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99999 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| FEX (ASX) Chart |