For a WA mine to even consider going to production - you need to be looking at 10 year plus Life of mine with north of 1m oz at a reasonable grade. AIMO
Do not misunderstand me I do think we have every chance of getting there but even if that happens "quickly " that would be a 3-5 year journey.
I plan on following the journey but IT is imperative to understand that journey.
In very very broad terms the steps are something like
1/Get land
2/Drill Land
3/Good Result??
4/Credit Raise.
Repeat steps 2-4 alot!!!
5/ Get enough understanding of the land to make JORC compliant Maiden Reserve
6/ Take over? Mine?
7/ Get Funding for Mine
8/ Construct Mine
9/Production
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Mkt cap ! $11.07M |
Open | High | Low | Value | Volume |
2.6¢ | 2.8¢ | 2.6¢ | $3.36K | 121.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 626340 | 2.6¢ |
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Price($) | Vol. | No. |
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2.8¢ | 56853 | 2 |
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No. | Vol. | Price($) |
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1 | 626340 | 0.026 |
1 | 100000 | 0.024 |
1 | 100000 | 0.023 |
1 | 146000 | 0.021 |
2 | 1230000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 56853 | 2 |
0.029 | 100000 | 1 |
0.030 | 1781316 | 7 |
0.033 | 135691 | 2 |
0.035 | 318592 | 1 |
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