The tonnage debate is an interesting one, the upcoming JORC's will under pin what fair value is for WR1, i think what excites management the most at this stage is not only the recent confirmed drill results of grade but more importantly now is the gravity low that they can now follow and chase with the drills....If the gravity data is consistent then so will be the fact that the entire gravity be fertile with varying amounts of mineralisation along the way.....The fact that we are hitting 50m zones - 150m zones you cant bet your bottom dollar that tonnage will add up RAPIDLY.
We don't need to hit 100m - 150m zones over the entire delineated gravity, if we only hit an average of 50m zones its going to be a big resource....But hitting those 100m - 150m zones if they continue then look out for a massive headline number....You be certain that WR1 didn't hit all big zones out of the gate, there will be more and very possible zones even bigger than what we have seen.....Its seems to me that we could be in elephant country but only the drills will tell in time. We have come out of the gates swinging with results so far
- Forums
- ASX - By Stock
- WR1
- Ann: Strong lithium mineralisation from first Adina assays
Ann: Strong lithium mineralisation from first Adina assays, page-751
-
- There are more pages in this discussion • 159 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 WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $112.4M |
Open | High | Low | Value | Volume |
57.0¢ | 57.0¢ | 50.5¢ | $335.7K | 628.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 34535 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 40976 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 34535 | 0.505 |
3 | 72000 | 0.500 |
2 | 22010 | 0.495 |
4 | 16634 | 0.490 |
3 | 31634 | 0.485 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 40976 | 2 |
0.540 | 40000 | 1 |
0.545 | 5200 | 1 |
0.550 | 32500 | 2 |
0.555 | 7310 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |