The gold is there mate, the time and money got to be invested to develop mine plan by moving deposits from indicated and inferred to proven and probable by drilling them out. For example At both plutonic underground and at k2/PHB/k1 the strike length of the gold is at least 3km. PHB got a wide shallow Intercept of 103.7gpt gold inside footprint of fully permitted open pit. At plutonic Etienne du plessis newly discovered model of gold mineralization has an unheard of hit rate when drilling of like 80% so gold exploratory drilling at plutonic is high return and akin to the Marianas turkey shoot. The gold mineralization at plutonic underground discovered by ET run close to and parallel to the gold mined out by previous operators so it will be cheap to develop and grades are strong too...15m of 52gpt gold in Indian access near portal for example.
The gold is there mate, the time and money got to be invested to...
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Last
$2.83 |
Change
-0.260(8.41%) |
Mkt cap ! $641.7M | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.93 | $2.80 | $5.108M | 1.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 576 | $2.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 1585 | 1 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| CYL (ASX) Chart |