re: Ann: West Mine North Mineral Resource Est... Warning
When studying this and other mineral sands notices,be advised that the cut-off grade used by ILU and other established producers is a rigid 3.0% HM. Put simply,this means any area less than 3.0%HM is considered to be uneconomic to mine.
Wannabes such as IMA glamorise their announcements by basing their results on lower cut-off levels.As if they know better than experienced operators!
Smart people ILU selling "West Mine North" to SFX
Cheers
Sandminer
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Last
$5.61 |
Change
-0.030(0.53%) |
Mkt cap ! $2.402B | |||
| Open | High | Low | Value | Volume |
| $5.56 | $5.64 | $5.53 | $6.799M | 1.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5729 | $5.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.63 | 3950 | 2 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| ILU (ASX) Chart |