If you have been following, WC8 average has always been around 1%. Btw, PLS average is only 1.1%.
At the end of the day, the grades are fine - its way above the industry cut-off point of 0.5%.
As long as its near surface, and exists in abundance near surface, where it can be extracted via open pit, then it should be more than economical.
WC8 via LEIA, has more than 3km of it, and has more pegmatites in clusters around LEIA.
That makes it economical for open pit mining.
That is the bottom line.
We are here to make money, but not to win the award for the highest grade, yet only found in the deepest part of the crust.
If you have been following, WC8 average has always been around...
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Last
32.5¢ |
Change
-0.005(1.52%) |
Mkt cap ! $392.1M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.8¢ | 30.8¢ | $1.646M | 5.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 112808 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 8470 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
33.0¢ |
Change
-0.005 ( 0.21 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 33.5¢ | 31.0¢ | 2294327 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| WC8 (ASX) Chart |