Ok here’s what wa8 saved for the 1m aueq incremental MRE for the assayed sb on historical drill cores.
There’s a message here the market hasn’t picked up
Estimated Total Cost to Prove 1Moz:
- Low end: ~$45 million (or $45/oz)
- High end: ~$100 million (or $100/oz)
- Typical average:~$60–$80/oz, so $60M–$80M to prove up 1Moz to reserve category
These are averages — for high-grade, easily accessible deposits, costs can be lower; for deep or complex geology (e.g., refractory ores), they can be higher.
Ann: Ricciardo Delivers Australia's Largest Open-Pit Sb Resource, page-212
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Last
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $135.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $893.0K | 7.349M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 714837 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 2018937 | 9 |
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| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| WA8 (ASX) Chart |