"The small cap environment is still horrible and that is definitely adding to the resistance selling. I think seeing the Gekko plant and news of the millions of profits at current gold prices may wake up the market and get us moving towards a mid-cap player in the next year"
True on the small cap market in the douldrums ,
Would it not be easier to ship the ore up to CYL's Plutonic Plant which is on the Great Northern highway .? I also see MEK (down near Meekatharra) is looking to go for financing their Andy well area project which will have a small processing plant , personally doubt if the MEK project will get financed as I just can not see the low AISC they state , if EMC proved up some good grades and widths , moving into a small but high grade open cut idicated resource , maybe it could be good initial feed for MEK to get them across the line for financing - just conjecture on my part .
Doubt that gekko plant would be that good at getting recoveries over 80% even in free milling ore so a lot of gold would be left in the tailings unless they then got to add a CIL circuit to the back end . Every time I see a Gekko plant used I think amateurs are in control , after seeing what happened at the morningstar mine .
- Forums
- ASX - By Stock
- EMC
- Ann: Mt Edon World Class Rubidium Critical Mineral Project
Ann: Mt Edon World Class Rubidium Critical Mineral Project, page-18
-
- There are more pages in this discussion • 4 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 EMC (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
-0.003(2.13%) |
Mkt cap ! $21.42M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $2.061K | 17.91K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 120426 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 34654 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 120426 | 0.110 |
4 | 397517 | 0.105 |
7 | 338644 | 0.100 |
1 | 150000 | 0.099 |
1 | 10800 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 34654 | 1 |
0.125 | 49798 | 2 |
0.130 | 106717 | 3 |
0.135 | 144642 | 4 |
0.140 | 141596 | 4 |
Last trade - 15.56pm 19/08/2024 (20 minute delay) ? |
Featured News
EMC (ASX) Chart |