Taking on board your comments and views, to work on this SOI figure however you assume also that we have a Jorc resource which will take the full 82 holes and not just the 8.
So under that assumption also assume that the results are as expected and we have a massive resource?? U cant have cake and eat it also in the same manner as u mention earlier.
Reality is there are 8 holes published as you state correctly. . WHEN the other 74 are published and we can estimate a realistic resource size then by all means work off the SOI of 1.8 Billion but equally assume we have 1.8 Billion tonnes to go alongside it. And what is that worth as i said at 5 - 6 - 7 % - i think you will find closer to the 100 MC and again 4-6 cents.
It goes both ways as u say.
Ann: Release of Securities from Voluntary Escrow, page-206
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MRQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $8.134M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $300 | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 17799313 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 22102270 | 13 |
View Market Depth
| Last trade - 10.32am 15/10/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |