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.
Around 10M tonnes at 2oz/t Ag ~$60/t resource value.Nothing...
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Mkt cap ! $21.50M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $10.38K | 683.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1260626 | 1.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 969316 | 3 |
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| Last trade - 15.49pm 05/07/2024 (20 minute delay) ? |
| ARD (ASX) Chart |