On a side note Discocopper, AJR may have flown close to the breeze in reporting the conceptual volume of mining material and linking, within the announcement, grades from recent sampling. Within this scenario, it could be in contravention to ASX Listing Rule 5.15 which states that “An entity must not issue a public report containing or referring to a production target that is based: a) solely on an exploration target”.
The ASX Rule is clear, yet some still draw a bow to post "they have 200,000 tones of waste dump material at 0.6% WO3. The dollar value of each tonne looks like its over $200, given that WO3 is selling for $36,500 per tonne (see Wolf Minerals presenation at http://wlf.live.irmau.com/IRM/Compa...313/WLFInvestorPresentationProactiveOne2OneUK ) . Arunta's grade at 0.6% is 5 times that of Hemerdon"
Lets see if they drill. Sterilisation or Blue Sky?
ST1 Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
