after filtering through 10s of garbage posts from Kevin I can’t see anyone stating that the next resource upgrade will be 150mt? It’s discussion around the total adina volume.
from what we know now, and if the adjacent anomalies come in, 150mt is not that difficult to achieve.
18 months ago a few of us modelled circa 100mt for the current deposit (full strike) alone.
key step now is infill - a firm reserve basis is required for any field development plan. It’s easy to model infrastructure costs, but the uncertainty lies in the resource.
selling adina now would be disaster, it won’t happen. Kevin tries to talk about risk… you wouldn’t know a thing about business risk if it slapped you in the face.
Ann: Main Zone extended to 2.11km by systematic drilling at Adina, page-93
Add WR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
59.0¢ |
Change
0.015(2.61%) |
Mkt cap ! $122.2M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 59.0¢ | 56.5¢ | $108.4K | 188.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13000 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 1053 | 1 |
View Market Depth
| Last trade - 11.44am 31/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |