Looks like big emphasis will be on infill drilling once all results are received so they can define higher confidence resource. They even mentioned reserves but I doubt they will drill that tight. However, if they do release decent size indicated and small size measured resource it would be really good.
Measured resource only in the immediate vicinity of the open pits and only to cover the first 6 months of production as they can do rest with the cashflow.
The advantage of the shallow resource is, it is not expensive to do the infill drilling. Lot going on with the markets and the global economies so more volatility ahead.
Looks like big emphasis will be on infill drilling once all...
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Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $25.89M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.9¢ | 3.1¢ | $261.2K | 7.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 140028 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 280552 | 2 |
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| Last trade - 15.51pm 24/06/2025 (20 minute delay) ? |
| POD (ASX) Chart |