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

ENV

Click for more information

0.00%

0.8¢ enova mining limited

Not sure how sample grades translate to what's underground, but...

First 15 Last

Share
Profile

Follow
watchthisrise

1,036 Posts.

211

31/07/24

18:17

Post #: 75011721
Share

Originally posted by Mr McGregor: ↑

200-300% is possible.

Only consideration for a larger increase is that samples have been submittedfor both assay and met testing. When lab work is complete and we have the results they'll open up on methodology/process to recover - this is what could potentially take us further multiples higher.

Despite my comments regarding communication, one thing that I'm certain of is that these guys are confident that they can make something out of this. I don't doubt their credibility as geologist and REE specialists.

We're also going to have a consistent flow of news, 4-5 holes sent out each time for testing, means that they'll consistently be returning results on a weekly/fortnightly basis. Fortunately there won't be an option to not disclose this info and will have to announce it to the market.

Despite share price action, which is crap, there's no reason why we can't return better results than our neighbours.

Expand

Not sure how sample grades translate to what's underground, but Coda East seem to have the highest nearby sample grades (Apart from Coda N. historical's).
Does anyone have a ratio they use as a rough guide for ree samples to predict what drill grades may be?

Last edited by watchthisrise: 31/07/24

ENV Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

AR3

Overland drilling proves promising for Australian Rare Earths' uranium hopes

MKT

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

Trump is President Again: What Does This Mean for Crypto?

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CPV

ClearVue inks deal with UK heated glass player to combine solar tech with its offering

There are more pages in this discussion • 7 more messages in this thread...

First 15 Last

Add ENV (ASX) to my watchlist

(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $7.879M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$500	62.5K

Buyers (Bids)

No.	Vol.	Price($)
19	9122418	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	1999935	2

View Market Depth

No.	Vol.	Price($)
19	9122418	0.007
10	14790777	0.006
5	12600001	0.005
3	11361111	0.004
1	168333	0.003

Price($)	Vol.	No.
0.008	1999935	2
0.009	4906999	10
0.010	6452500	9
0.011	5748836	9
0.012	2348200	6

Last trade - 16.10pm 13/11/2024 (20 minute delay)

ENV (ASX) Chart