Just did a rough resource estimate on 8 of the 20 deep RC holes at Mandilla East,
Just say its 1.2gpt same as Gold Road which it seems close too,
125m deep, 300m long, 70m wide = 2.62Mt ore @ 1.2gpt = 101,612 ounces so far
AISC of gold road resources is $700US /oz
Current price US$1500/oz
Current value could be 100,000 x (1500-700)/0.75fx = $108M total cash flow,
Albeit these prices are record high,
But if they find more gold deeper & to the north west, to turn this a large system, this stock should keep risings.
New results should be only 1 or 2 weeks away.
- Forums
- ASX - By Stock
- Ann: Large Mineralised System Confirmed at Mandilla Gold Project
Just did a rough resource estimate on 8 of the 20 deep RC holes...
-
- There are more pages in this discussion • 15 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 AAR (ASX) to my watchlist
|
|||||
Last
7.3¢ |
Change
0.001(1.39%) |
Mkt cap ! $68.26M |
Open | High | Low | Value | Volume |
7.1¢ | 7.3¢ | 7.1¢ | $21.40K | 294.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 31145 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.072 |
4 | 302633 | 0.071 |
2 | 400000 | 0.070 |
2 | 513000 | 0.069 |
1 | 170000 | 0.068 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 31145 | 1 |
0.075 | 61845 | 2 |
0.077 | 300117 | 1 |
0.079 | 12000 | 1 |
0.083 | 78800 | 1 |
Last trade - 15.33pm 16/08/2024 (20 minute delay) ? |
Featured News
AAR (ASX) Chart |