Mode,
I love your positive spin on this but the numbers just don't stack up. To get that 100k they have to shift and process over 2 million tonnes of dirt. That makes it marginal at best. Going deeper will only cost more, a lot more. I have always hung in there for better grades but now it seems that they are not there. The only thing that will create the conditions for a viable mine IMO is a substantial increase in the POG. GLTAH.
The options expire in 9 months (with Christmas thrown in there too) so they are not looking as though they will provide a necessary boost to the coffers. I will hold the heads in the hope of better results in the future. Who knows?
Mode,I love your positive spin on this but the numbers just...
-
- There are more pages in this discussion • 209 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.21M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $9.196K | 1.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 9942330 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 11449789 | 11 |
View Market Depth
| Last trade - 14.35pm 26/07/2024 (20 minute delay) ? |
| ASR (ASX) Chart |