They're not unknowns, there have been maybe 2000 BFS's completed in the last 10years. With a little research one can work out the cost of doing this.
Secondly the drill program starts Q2 and end Q2 and is coined exploration. Would suggest it's quite small in nature and therefore not costly. Call the company to verify.
Thirdly, suggesting both of these will impact the shareprice is a fairly obtuse comment. completing a drill program and BFS is fairly standard practice. The costings of a BFS due 2 years from now isn't a primary concern for investors IMO.
The SS results namely the margin is the first and foremost concern. ESIA next importance. the drill program is a bonus 78mT is enough for 10-15y project. Even longer at 1000-1500. Realistically they don't even need more tonnes, but it's exploration drilling to show potential and see if it warrants follow up.
if you want drill pricing call up a drilling contractor and ask them the cost. or look at the previously quarterlies for IXR and the 3500m program and work out the cost.
Candid question, what's your re-entry price.
SF2TH
- Forums
- ASX - By Stock
- IXR
- Ann: Board Restructure
Ann: Board Restructure, page-40
-
-
- There are more pages in this discussion • 81 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 IXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.43M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $54.53K | 4.544M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2519542 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1274927 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1396363 | 0.011 |
29 | 9028001 | 0.010 |
21 | 6776040 | 0.009 |
35 | 10625624 | 0.008 |
18 | 6899621 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1274927 | 6 |
0.013 | 2764482 | 8 |
0.014 | 2945575 | 8 |
0.015 | 3755651 | 7 |
0.016 | 3078831 | 6 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
IXR (ASX) Chart |