Hi, the beauty of this is that CHK hold all of the cards; drill, partner, sell, it's up to CHK.
A deep drill is not expensive when you know what's down there. The drill cost will pale into insignificance when you hit this sort of quantity and grade. Mining is another story, but that's what the economic assessment will work out.
Biggest point, bhp drilled deeper than anyone has before and struck gold! (Actually copper). All tenements could be sitting on a gold mine (copper mine) but if you ask me, I'll take the tenement next door.
Cheers
- Forums
- ASX - By Stock
- Ann: Cohiba accelerates exploration in response to BHP discovery
Hi, the beauty of this is that CHK hold all of the cards; drill,...
-
- There are more pages in this discussion • 36 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 ALR (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.18M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $1.2K | 300K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 53343340 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 104191 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 53343340 | 0.003 |
11 | 45299658 | 0.002 |
15 | 40599890 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 104191 | 2 |
0.005 | 4842562 | 9 |
0.006 | 10981519 | 15 |
0.007 | 6190209 | 6 |
0.008 | 2453545 | 2 |
Last trade - 12.12pm 31/07/2024 (20 minute delay) ? |
Featured News
ALR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online