Correct - we would all have hoped for better results and indeed it seems management are only just starting to get a hold of the mineralization - hence the comments:
"The latest results have confirmed the continuity of the main high-grade zone, while recent drill core observations
from diamond drilling have evolved the Company’s geological understanding of the Evermore prospect,
highlighting the presence of a steeply east-dipping orientation to the high-grade zone.
This has opened up a significant opportunity to delineate further high-grade mineralisation at depth by changing
the orientation of the drilling. Several RC holes have recently been completed to test this interpretation, with assay
results awaited."
In a perfect world we'd be off to the races by now - but the drill campaign isn't a duster - they are on the trail of something big, only it's turning out to be highly variable - much like many gold targets amongst the juniors.
We still have a bunch of results to come in and management are hinting that the diamond drill core contains something to report back on - with the potential for stacked mineralisation - something they have alluded to in the past. If the diamond cores disappoint then we probably won't get a hammering as we have fallen about 30% from our highs already. Note they are embarking on a further 20,000m A/C campaign in June so they are hardly abandoning the project - let's see if they can find the missing pieces to the puzzle.
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Ann: Continuity of High-Grade Mineralisation at Evermore, page-21
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Last
2.9¢ |
Change
0.002(7.41%) |
Mkt cap ! $11.85M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.8¢ | $20.41K | 709.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.8¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 15000 | 0.027 |
2 | 684615 | 0.026 |
5 | 1435000 | 0.025 |
1 | 100000 | 0.020 |
1 | 70000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 100000 | 1 |
0.030 | 246179 | 1 |
0.032 | 70000 | 1 |
0.033 | 30000 | 1 |
0.034 | 661744 | 2 |
Last trade - 15.51pm 23/06/2025 (20 minute delay) ? |
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