Hi squidd,
Finding a partner with a resource reportedly "below expectation" in this environment is near impossible IMO.
"Another complication for the Mayoko project is that the resource is below expectations, hence the need to lift volumes..."
http://www.miningmx.com/page/opinion/columnists/1643549-Exxaro-R53bn-iron-ore-gambit-on-the-brink
Presumably EQX (a neighbor), share the same "below expectation" resource. However, EQX's options to compensate for "below expectation" resource are limited, since lifting volumes (as Exxaro suggest) is not possible.
Regards
Hi squidd, Finding a partner with a resource reportedly "below...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.34M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 58210 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 33900 | 2 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| EQX (ASX) Chart |
Day chart unavailable