JGPM, so i spoke to the trader. it seems my amateur attempt to impress him as a pseudo economic geologist was in vain. no company names mentioned as there could be conflict of interest. they have a trillion $US moving about so i assume they have some idea about all this stuff.
i gave him those chalk board figures we came up with... he asked the pertinent Q such as extraction process, physical size/depths, drills, stability, I had answers for about 2/3rd of what he asked. He agreed that if we are 80% correct in resource (750 to 950mt) and grade average at .5 for cu and the .02gt for au, that the cap we suggested would not be unreasonable before any other phase or interests. i will pass on the maiden to him when released so he can reavulate.
DYOR not for investment advice & purely speculation with all the associated risk of loosing all your money
$?Bill in a ? Life mine, page-135
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Last
$1.06 |
Change
0.025(2.42%) |
Mkt cap ! $126.6M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.09 | $1.03 | $721.1K | 684.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5547 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.08 |
Change
0.025 ( 3.00 %) |
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| Open | High | Low | Volume | ||
| $1.04 | $1.09 | $1.04 | 120331 | ||
| Last updated 15.57pm 07/05/2024 ? | |||||
| HCH (ASX) Chart |