E25 4.65% 22.5¢ element 25 limited

announcement, page-4

  1. SBC
    1,006 Posts.
    Hi Aswon,

    I can't read the announcement as I am overseas and the computer I am on is stuffed. If you could post it on hc it would be much appreciated.

    Now, regarding the results (I don't know what thickness etc.), but 0.11% is an excellent grade (not useless at all).

    0.11% translates to 1,100ppm, so considering that I think the average at PDN is something like 700ppm and a lot of recent companies have been reporting low grade results of ~200ppm, 0.11% is very good.

    However, not being able to read the rest of the announcement I have no idea how material it is, presumably it is not to do with recent drilling and therefore won't affect the sp that much.

    Cheers
    SBC
 
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