SMM 0.00% 0.4¢ somerset minerals limited

brr announcement what did it contain folks, page-7

  1. 2,739 Posts.
    lightbulb Created with Sketch. 2
    The plan is to understand the Lichkvaz ore body - its "full" extent and makeup with further metallurgical testing.

    shallow drilling so far shows open pit potential exists.

    Follow the shallow drilling with some underground drilling into the "meat" of the deposit .. soon after 2nd drill is commissioned.

    Once the resource is extended and its metallurgy better understood - design an appropriate plant which HC envisioned might be even cheaper than the $45 million initially budgeted for prior to the current revision.

    so we are looking to save money and extend the resource - good move.

 
watchlist Created with Sketch. Add SMM (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $4.123M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $4.039K 1.009M

Buyers (Bids)

No. Vol. Price($)
7 5569928 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 6476563 13
View Market Depth
Last trade - 10.09am 23/08/2024 (20 minute delay) ?
SMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.