It always amazes me how holders can read a good ann but can't be bothered posting it.
Highlights:
• Investigator’s verification program has resulted in a significant improvement in resource
confidence, lifting tonnage to the higher Measured Resource Category.
• The Measured Resource Category of the Molyhil Tungsten-Molybdenum Project im-
proved with a 150% increase in tonnes and 20% increase in WO3 grade when compared
to the previous resource estimate1. Contained tungsten metal in the Measured Resource
Category increased by 200% to 3,945 tonnes.
• Improvement in the Mineral Resource Estimate resulted from targeted infill drilling and ex-
tensive QA/QC validation.
• Work program enabled validation of historical data and improved confidence of the previ-
ous resource estimate.
• Strong improvement in tungsten and molybdenum prices reinforce their Critical Minerals
status and potential to revitalise the Molyhil Project.
• Recent renewal of Northern Territory Major Project status provides valuable pathways to
advance the project towards production following project review.
• The updated Mineral Resource Estimate will be utilised to undertake a scoping study to
evaluate the Molyhil Project’s viability, anticipated to be completed early in H2 2024.
The updated Mineral Resource Estimate (MRE) for the Molyhil Tungsten-Molybdenum Project is shown in
Table 1 below. A cut-off grade of 0.05% WO3 was selected, which is considered appropriate when taking
into account current commodity price strength and peer reporting comparisons, MRE reported to a
150mRL and based on an open pit mining scenario
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Last
3.6¢ |
Change
0.005(16.1%) |
Mkt cap ! $57.21M |
Open | High | Low | Value | Volume |
3.2¢ | 3.6¢ | 3.2¢ | $224.6K | 6.639M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 617501 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 851237 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 617501 | 0.032 |
10 | 954161 | 0.031 |
15 | 2093583 | 0.030 |
8 | 1134782 | 0.029 |
3 | 321321 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 851237 | 3 |
0.037 | 142000 | 3 |
0.038 | 92333 | 2 |
0.039 | 189500 | 4 |
0.041 | 25000 | 1 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
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