WR1 3.73% 64.5¢ winsome resources limited

Ann: Pegmatite at Adina extended to1,600m of potential strike, page-283

  1. 2,092 Posts.
    lightbulb Created with Sketch. 371
    Having a crack at a rough calculation on MRE to gauge what MC we could currently expect

    Length strike x depth x width (true thickness = volume of a rectangle!).Crude estimate will compensate down by 20%.

    Density of spodemene pegmatites = 2.7

    1600*250*50*2.7 = 54Mt

    Deduct 20% to be conservative 43.2Mt.

    150m MC per 10Mt

    4.32*150 = 648m MC

    I am sure their is someone out there who can smooth out the rough edges and fine tune this estimate.



 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
64.5¢
Change
-0.025(3.73%)
Mkt cap ! $139.5M
Open High Low Value Volume
66.0¢ 66.5¢ 64.0¢ $464.1K 711.3K

Buyers (Bids)

No. Vol. Price($)
3 26507 64.5¢
 

Sellers (Offers)

Price($) Vol. No.
66.0¢ 5738 2
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.