Plough's call of six months to development ore and twelve to production sounds about right. AC could maybe compress this to ten months but less would need madly accelerated drilling and be very difficult.
I have observed, entirely subjectively, that mines in development are attributed nil value until less than 12 months to production. If anyone has deeper insight into this phenomenon, I am all ears.
The imminent Quarterly is pregnant with potential.
Ash
Ann: Significant Results from Jericho Resource Extension Drilling, page-18
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
34.5¢ |
Change
0.015(4.55%) |
Mkt cap ! $198.6M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.5¢ | $404.8K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 175200 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 186758 | 5 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |