My concern isn't about the size of the resource, although the grade being 10% off the cut-off grade is a red flag, the real problem is the inappropriate accuracy of the estimate. Like, literally, how can the company claim there's exactly the number of tonnes accurate to one tonne, for such a resource? This is actually a stipulation of the JORC Code 2012, that estimates cannot be quoted to unbelievable levels of accuracy. So, this isn't JORC Compliant, by dint of this furphy. Which means...how reliable is the rest of what they are saying about the resource?
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- Ann: Maiden Resource at Madube Pan increase Lithium clay resource
AM7
arcadia minerals limited
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My concern isn't about the size of the resource, although the...
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.286M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93466 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 1780 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93466 | 0.024 |
1 | 165558 | 0.023 |
1 | 25000 | 0.020 |
2 | 142388 | 0.018 |
1 | 14364 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 1780 | 1 |
0.028 | 42186 | 1 |
0.042 | 51845 | 1 |
0.045 | 1956 | 1 |
0.060 | 25000 | 1 |
Last trade - 16.21pm 01/08/2025 (20 minute delay) ? |
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AM7 (ASX) Chart |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
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