well here are some interesting facts for debate.
using early guesses on dimensions and 2.75 SG and 1.4 ppm (as VT suggests)
volume of hobbs pipe would be around 1 Moz
Co has refined the dimensions to an ellipsoid cylinder of 110 * 200 !!!
take this to 230m deep as VT suggests (to approximate pit)
volume of hobbs pipe to 230m depth would be only around 0.5Moz
Geosun guess on ET was based on 110 * 235 * 1250m deep.
they put forward 3.2-4.6 Moz based on this.
the Co has since confirmed depth to around 880m from memory..
so the latest known dimensions are
110 * 200 * 880m (ellipsoid cylinder)
volume of these dimension using a more generous 1.4ppm and SG assumptions Geosun (and VT) use would thus equate to around 1.9Moz
So it is quite clear that the Geosun guess is out of date and has been missed by a long way.
The company confirmed this with their updates.
I'd say that is a pretty big miss right there.
And continued use of the bigger volume is in fact highly misleading and contrary to public information.
good luck with the arcadia ann if it comes !!
- Forums
- ASX - By Stock
- comparisons that support a signficant rerate
well here are some interesting facts for debate.using early...
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SOC (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $13.89M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 10.0¢ | $4.1K | 40.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7368 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7368 | 0.096 |
2 | 133299 | 0.090 |
1 | 80000 | 0.086 |
1 | 50000 | 0.085 |
1 | 100000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 15000 | 1 |
0.120 | 12545 | 1 |
0.130 | 97482 | 2 |
0.170 | 59840 | 1 |
0.000 | 0 | 0 |
Last trade - 10.23am 06/09/2024 (20 minute delay) ? |
Featured News
SOC (ASX) Chart |