Around 10M tonnes at 2oz/t Ag ~$60/t resource value.
Nothing outstanding even before you do the reserve conversion.
Throw in the sulphide base metals (6M tonnes incl.) & you can add another $60/t.
Gold equivalent of $120 approx. 3g dirt.
The proofs in the resource/reserve conversion then a fair whack for a 1.2Mtpa mill capable of the flotation & multiple cons. Allow $150-200M for that!
Plenty of water to go under this bridge folks. Still looks in the black somewhere around NPV$50M I would guess. The market is right to be cautious.
Hardrock.
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Last
2.5¢ |
Change
0.002(8.70%) |
Mkt cap ! $36.15M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.4¢ | $142.9K | 5.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1260472 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 164267 | 2 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| ARD (ASX) Chart |