HOR 7.69% 1.2¢ horseshoe metals limited

From the latest ASX announcement:"2013 Resource ModelThe current...

  1. 162 Posts.
    lightbulb Created with Sketch. 67
    From the latest ASX announcement:

    "2013 Resource Model

    The current JORC 2012 resource estimate was reported and classified at a cut-off
    grade of 0.5% Cu in June 2013 (refer ASX release dated 5 June 2013 and Quarterly
    Report released on 31 July 2013), although the model was developed using
    wireframe models using a cut-off grade of 0.18%. The prevailing AUD copper
    price at the time was about $7500/t, compared with a current price of $14,000/t.
    Given the significant increase in Cu pricing an assessment of the model with respect to grade vs tonnage
    sensitivity is being undertaken and expected to be completed next week."

    Roll on next week!
    What cut-off grade will they use in this report - any guesses?
    DYOR
 
watchlist Created with Sketch. Add HOR (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $7.773M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $11.00K 907.0K

Buyers (Bids)

No. Vol. Price($)
3 1139639 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 37538 1
View Market Depth
Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
1.2¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.2¢ 1.2¢ 1.2¢ 356892
Last updated 15.51pm 07/06/2024 ?
HOR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.