i dont think any mine operates totally on confidence, the gold is there ,it is all hit and miss , we do have some very good high grade tonnage all ready and process the low grade ore in between the high grade and we have alot of oz of gold ,the next lot of drill result should put more light on the ore bodies ,
i believe we have enough shallow gold to start mining now and generate some cash flow and then case the deep high grade gold ,the grace estimates looked a bit light on ?
Near Surface Resource increased by 50% to 800koz Au in total. •
800k oz au worth 2438 Australian dollars oz x 800 000 =1.9504 billion Australian dollars looks like enough cash in near surface to me
Grace Maiden Resource defined to contain 109koz of contained gold at 7 g/t Au with upside potential remaining.
grace could deliver well over 265.74200 million Australian dollars just for 109k oz •
Deeps Resource shows impressive growth (+30%) to 856koz Au with high grades preserved (7.9g/t Au resource average)
get in and have ago i recon
hold onto your rox
- Forums
- ASX - By Stock
- RXL
- Ann: New Exceptional Drilling Results at Link Prospect
Ann: New Exceptional Drilling Results at Link Prospect, page-44
-
- There are more pages in this discussion • 44 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 RXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.8¢ |
Change
-0.013(8.33%) |
Mkt cap ! $55.99M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 13.8¢ | $59.03K | 421.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 991147 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 175756 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 991147 | 0.135 |
11 | 691614 | 0.130 |
4 | 204080 | 0.125 |
13 | 1655621 | 0.120 |
2 | 38704 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 175756 | 3 |
0.145 | 110204 | 3 |
0.150 | 169900 | 4 |
0.155 | 290006 | 5 |
0.160 | 367376 | 7 |
Last trade - 15.49pm 05/08/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |