Been thinking a lot about this project and investment.
Starting at surface is awesome, however with a 30 degree dip and such a long strike. Would this not mean E.g 1km along strike the mineralisation would be around 100 below surface and further more 2km down strike be 200m below surface? At this point in time cost saving is reduced.
The isolated project location and slightly lower grade could be overcome with a better opex from shallow mining but for how long does it really remain shallow?
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Last
6.5¢ |
Change
-0.002(2.99%) |
Mkt cap ! $31.06M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 6.4¢ | $30.94K | 472.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 405466 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 308631 | 4 |
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| Last trade - 15.46pm 01/08/2025 (20 minute delay) ? |
| TM1 (ASX) Chart |