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...
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WC8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $398.1M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 32.0¢ | $1.093M | 3.332M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54567 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 25887 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |