Yes can understand the scepticism, this is exploration, you dont really know until a drill goes in the ground. Maybe graphite, or a conductive underground water source, a low grade uneconomic deposit of a mix of minerals. It is a target, in the right area, hopefully similar age rocks to Rumbles discovery, or something new and ground breaking.
As said AQD had the nous to have the WA government fund half the survey, saving shareholders money, and proving good relationships. Hard to achieve, nicely planned.
The circled lower area is about 6km long, I could live with a find 6km long so could S32, jammed up against the northern side of fault, plenty of opportunity for intrusive, or hydrothermal flows. The upper circled area on left is also interesting in its at probably higher conductivity that has some sharp structure implying closer to surface.
I think S32 will go for these, then as rebel says AQD is on its way at least to a bonus if not a company altering find.
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Yes can understand the scepticism, this is exploration, you dont...
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Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $57.09M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.1¢ | $60.14K | 1.428M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 589935 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 40876 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 589935 | 0.041 |
5 | 624600 | 0.040 |
3 | 321282 | 0.039 |
4 | 935000 | 0.038 |
2 | 150000 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 40876 | 1 |
0.045 | 200000 | 1 |
0.046 | 201541 | 3 |
0.047 | 50000 | 1 |
0.048 | 400000 | 1 |
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