Australia's largest stock trading and investment forum Australia's #1 stock forum

OM1

Click for more information

0.00%

7.8¢ omnia metals group ltd

Ann: Omnia Engages Canadian Geoscience Consultants, page-482

First 482 Last

Share
Profile

Follow
marco33

2,602 Posts.

226

21/03/23

09:44

Post #: 66872739
Share

Originally posted by westy9: ↑

Here's a back of the envelope estimate of Senay 5

Just to be super conservative, we'll assume an 80m depth, average width is like 300m, and let's say a 2000m strike. We'll chuck on a 25% discount to seal the deal, and for inconsistent zoning or something. For reference, the spodumene-quartz zone of the Whabouchi deposit makes up more than 90% of the pegmatite cross section.

2000m length x 300m width x 80m depth x 2.65 t/m3

Base case 95.4Mt body, at whatever degree of mineralisation is found. Could easily be deeper than 80m.

6c options look lovely don't they.

Cheers

Expand

nice.. what sort of valuation would that put us at?

OM1 Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

DXB

Dimerix links up with US NEPTUNE network to boost recruitment for FSGS study

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

There are more pages in this discussion • 189 more messages in this thread...

First 482 Last

Add OM1 (ASX) to my watchlist