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

C7A

0.00%

1.0¢ clara resources australia ltd

agreed, moment in time snapshot that signals commencement. While...

First 37 Last

Share
Profile

Follow
blister

15,089 Posts.

2608

23/08/19

10:48

Post #: 40114804
Share

Originally posted by Spraks ↑

Your selling was definitely justified, there wasn't much positivity in the company at the time. I just want to address a few things you said however.

- Recovery is 56% for August (Figure 3), not below 50%. This is also month-to-date and we have almost doubled recovery since July. If we had stats on a weekly basis i'd assume we'd see an increase each week due to optimisations and then finally getting the crusher up and running. Assuming this recovery is still on the rise.

- Grade is lacking but the chart does not factor in the high-grade skarn processed yesterday so we can't assume low grade overall yet.

- Production of 0.4T isn't a lot in one day but ANW have literally just started processing, this will be improved as we head into September as they have mentioned. Looking at the prior months it has vastly improved. I find it a little deceiving when you call them out for only having 0.4t when is has only been a single day.

- Production costs are hard to gauge after 1 day, let them smooth out the process and get back to use with the costings.

If everyone took one look at day 1 production and assumed these were the stats for the whole operation our economy would be floating in the water. It's a slow process and the second half of September will be able to show us proper figures. It's still great to see ANW start production, now we wait for the proper stats later down the track.

Expand

agreed, moment in time snapshot that signals commencement. While not impressive and 3 years late, we'll see what the numbers are at the end of the quater.

ANW Price at posting: 0.8¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The market's shrugged at China's stimulus measures all year. Why is this one different?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

The winners & losers on market if negative gearing were gone

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

There are more pages in this discussion • 154 more messages in this thread...

First 37 Last

Add C7A (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $2.501M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$115	11.46K

Buyers (Bids)

No.	Vol.	Price($)
3	1713070	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	488766	2

View Market Depth

No.	Vol.	Price($)
3	1713070	0.009
3	573919	0.008
4	992855	0.007
4	582661	0.006
2	1500000	0.005

Price($)	Vol.	No.
0.010	488766	2
0.011	740905	2
0.012	1081280	4
0.013	944662	2
0.015	66732	1

Last trade - 14.30pm 27/09/2024 (20 minute delay)

C7A (ASX) Chart

agreed, moment in time snapshot that signals commencement. While...

KalGold rolls out detailed aeromagnetic survey across Pinjin project

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The market's shrugged at China's stimulus measures all year. Why is this one different?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

The winners & losers on market if negative gearing were gone

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ACCC seeks Olam divestments before it can buy Namoi Cotton

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

agreed, moment in time snapshot that signals commencement. While...

Top Stories

KalGold rolls out detailed aeromagnetic survey across Pinjin project

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The market's shrugged at China's stimulus measures all year. Why is this one different?

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

The winners & losers on market if negative gearing were gone

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ACCC seeks Olam divestments before it can buy Namoi Cotton

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News