I'll leave that question which is way over my head for the mining engineers to answer! But I look at what EMR did with Okvau, they didn't bother drilling deep initially, they drilled enough to get a reserve and got the mine up and running to generate cash flow before they started drilling below the known resource. But I can also see the advantage in drilling deeper, maybe NST wouldn't have picked up Paulsen's so cheaply if the previous owner had drilled a bit deeper to see what's there.
Ann: Drilling hits visible gold over 1km deep below Never Never, page-69
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Last
$1.29 |
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0.015(1.18%) |
Mkt cap ! $1.427B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.32 | $1.28 | $6.672M | 5.157M |
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| No. | Vol. | Price($) |
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| 1 | 13079 | $1.29 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 260686 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| SPR (ASX) Chart |