I think they need to get to a resource of over 80m ounces with further drilling before a bid comes in. Any buyer can assume continued drilling once mining starts adds Plus 100% over the life of the mine ( say 10+ years). Paris is good ground.
150m ounces plus lead credits...they will try and steal it at around 15c and may even low ball at 12c to start. Especially if the big end of town continues to put the shackles on paper silver - which they will. The bidder knows they have some time on their side here. They take the risk silver will not go parabolic over the next two years - a reasonable gamble given the sh...theads who control PM markets.
- Forums
- ASX - By Stock
- IVR
- Ann: Strategic Alliance for Paris Mine Planning and Costs
Ann: Strategic Alliance for Paris Mine Planning and Costs, page-7
-
-
- 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 IVR (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.5¢ |
Change
-0.001(2.17%) |
Mkt cap ! $71.49M |
Open | High | Low | Value | Volume |
4.5¢ | 4.6¢ | 4.5¢ | $79.75K | 1.767M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 531 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 378706 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 531 | 0.045 |
6 | 912576 | 0.044 |
7 | 2041600 | 0.043 |
3 | 653000 | 0.042 |
6 | 916511 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 378706 | 6 |
0.047 | 839821 | 4 |
0.048 | 476817 | 5 |
0.049 | 357119 | 4 |
0.050 | 19800 | 1 |
Last trade - 11.57am 04/11/2024 (20 minute delay) ? |
Featured News
IVR (ASX) Chart |