No need to speculate - it has already been outlined back in February what we can expect
As Viva said, Pablo knows Rincon best and there has been historic drilling before. So they probably know what to find.
It is more a formal point to bring all this into a JORC.
Let's just wind back some months and recapture what has been said (Feb. 10th 2022):
They also said something about the 300m depth target:
One thing to keep in mind if you are not familiar with brine resources is that depth matters because of the inhomogeneity of the soil.
There are barrier layers that can separate resources and the porosity of the brine-bearing layers determines the flow rate.
Therefore, the wells are also sealed at the edges to determine flow rates at different depths.
GLTAH
- Forums
- ASX - By Stock
- Ann: Rincon Resource Expansion/Production Well Drilling Commences
No need to speculate - it has already been outlined back in...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGY (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $58.23M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.8¢ | $124.3K | 3.190M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1105097 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 8152 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1105097 | 0.038 |
7 | 1095581 | 0.037 |
25 | 2570708 | 0.036 |
27 | 2700990 | 0.035 |
6 | 1226910 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1038770 | 12 |
0.041 | 670500 | 6 |
0.042 | 1008995 | 12 |
0.043 | 1577500 | 3 |
0.044 | 1733953 | 9 |
Last trade - 13.23pm 04/10/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |