FML 5.26% 13.5¢ focus minerals ltd

80 000-100 000 OZ calculated on on grade 3g/t, what if they will...

  1. 189 Posts.
    80 000-100 000 OZ calculated on on grade 3g/t,
    what if they will start to process ore with higher gold concentration?

    ``Latest underground diamond drilling results at Perseverance deliver high-
    HIGHLIGHTS
    grade intercepts including:
    o 0.95m @ 170.94g/t Au;
    o 3.14m @ 12.10g/t Au;
    o 0.95m @ 21.33g/t Au; and
    o 5.76 @ 3.61g/t Au;
    • Results provide more firm evidence that areas surrounding known
    deposits contain significant additional high-grade mineralisation``

    3.14 m slice of ore with concentration of 12.1 g/t sitting in ground at 100 m level
    From processing that ore 400 000 OZ per year could be expected.

    Lihir produced 880 000 OZ last year with SP around $3.2
    FML SP could be around $1.5-$2.0 at this level(400 000 OZ) of production
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
-0.008(5.26%)
Mkt cap ! $38.68M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $5.052K 37.40K

Buyers (Bids)

No. Vol. Price($)
1 67803 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 18428 2
View Market Depth
Last trade - 13.41pm 18/07/2024 (20 minute delay) ?
FML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.