When will people learn that orebodies should be reported in unadorned tonnes and grade of metal, as soon as you start using metal equivalents or NSR $ amounts then you can get tripped up.
Save the $ per tonne calculation once you are actually in operation and mining, thats when the mining engineers are making decisions about stope shapes and sizes. Don't make shareholders go off into the weeds of metal prices, smelter contracts and metal equivalents. That's what the JORC code says, and that's what the ASX mandates.
These guys have done nothing but drill and find more mineralisation, and they can't even get their mineral resource reporting right....
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- Ann: Retraction of Inferred Mineral Resource Estimate
Ann: Retraction of Inferred Mineral Resource Estimate, page-7
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Mkt cap ! $63.91M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 84714 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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11.0¢ | 95099 | 2 |
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No. | Vol. | Price($) |
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1 | 84714 | 0.105 |
4 | 141518 | 0.100 |
1 | 18036 | 0.099 |
2 | 61000 | 0.095 |
2 | 30111 | 0.090 |
Price($) | Vol. | No. |
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0.110 | 95099 | 2 |
0.120 | 73824 | 1 |
0.125 | 2517 | 1 |
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0.135 | 291111 | 1 |
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