You can have a minable resource at lower length hits if the grade is high, 5m hits can be very economical if the grade is high. . If the strike length is long enough,and the resource must be consistent then it's fine. Most importantly the strip ratio needs to be low ie shallow deposit. Plus this has just started, its very encouraging IMO and in a good market this is 10x higher. The grade is king. IE whats 100m hit at 0.5 percent . People think you need 100m hits, no way. Lithium is different than other commodities, You don't get a sniff of it like in gold, its there or its not. I think this is a great start and it's not like this is valued at 50m . Not sure what people are worried about. ASX is just full of scared holders .
- Forums
- ASX - By Stock
- EFE
- Ann: Exceptional high grade drill intercepts at Lepidolite Hill
Ann: Exceptional high grade drill intercepts at Lepidolite Hill, page-27
-
-
- There are more pages in this discussion • 16 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 EFE (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.967M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $1K | 249.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 8883598 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4090132 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 8283598 | 0.004 |
13 | 13988585 | 0.003 |
6 | 10850009 | 0.002 |
6 | 12998000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3752780 | 14 |
0.006 | 2864186 | 5 |
0.007 | 6644990 | 6 |
0.008 | 2224900 | 8 |
0.009 | 709500 | 4 |
Last trade - 11.25am 23/08/2024 (20 minute delay) ? |
Featured News
EFE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online