What your saying is 50 percent of the hits are viable and 50 percent are not and that’s directly from the chart you posted. Which means the continuation of mineralisation from surface to 25m in depth still makes the project viable over a large surface hence why the preparation to expand resource. Met analysis is in 3-4 weeks time same time as they drill Pomme which always moved this share price.
Laverton was a bonus and to have 50 percent of the mineralisation in a viable play already when the mineralisation is open in all directions still does not put this anywhere near a 14 million market cap on Laverton alone
Furthermore if you do look at IXR and AR3 there is a significant amount of resource hitting 10m in depth
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What your saying is 50 percent of the hits are viable and 50...
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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1 | 10000 | 0.068 |
1 | 10000 | 0.067 |
3 | 67800 | 0.066 |
6 | 699627 | 0.065 |
1 | 2165 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 565224 | 4 |
0.073 | 90000 | 2 |
0.074 | 242944 | 3 |
0.075 | 409942 | 4 |
0.076 | 265105 | 2 |
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