Based on other explorers drill visuals, anything above 1%Cu whether as malachite or chalcopyrite is visible, certainly if RC drilling but I am not so sure with aircore drilling which is what we have. If it was visible prior the speeding ticket response it does suggest the company is cautious before making announcements and would prefer to wait for actual lab analyses. That's a good thing.
Following on from this, whilst the company is not giving anything away re the remaining drilling, its a rather tantalizing comment that was made indicating the other drilling is more towards the area where geochem results were stronger. Cant help thinking that we may get even better results coming up
We should also not forget that mineralization is at shallow depth so far which bodes well for extraction costs. Would love to know what lies deeper
I am for holding, not selling at last for a while
- Forums
- ASX - By Stock
- MEU
- Ann: New Copper Discovery on Yorke Peninsula
Ann: New Copper Discovery on Yorke Peninsula , page-3
-
- There are more pages in this discussion • 3 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
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add MEU (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.11M |
Open | High | Low | Value | Volume |
3.8¢ | 3.8¢ | 3.6¢ | $26.10K | 704.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 799907 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 334801 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 799907 | 0.036 |
6 | 476274 | 0.035 |
5 | 674117 | 0.034 |
2 | 175000 | 0.033 |
4 | 164960 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 334801 | 3 |
0.039 | 329982 | 2 |
0.040 | 232888 | 3 |
0.041 | 13562 | 1 |
0.042 | 50000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
MEU (ASX) Chart |