Australia's largest stock trading and investment forum Australia's #1 stock forum

MEU

Click for more information

0.00%

3.8¢ marmota limited

Estimated maiden JORC at Aura Tank, page-52

First 52 Last

Share
Profile

Follow
stag11

3,352 Posts.

382

31/12/21

11:25

Post #: 58582522
Share

Originally posted by gary123: ↑

One thing they don't do is bathe in big salaries.

The concern for me is the good Dr recons we need to drill until we find the extremities of the resource before we start mining to have the optimal mine plan but you can never find the extremities because he will think it is just a small dead spot and want to keep drilling further out -------- forever.
When do we stop drilling and implement the mine plan?
Are we looking at another decade? I have already patiently done over one decade so far and it is wearing very thin when we know we have exceptional ground with shallow high grade gold.
The drilling wont be much anyway and it will take another year and all our cash just for more great drill results but then CR and I will be in a home by then.
Frustrating. Just mine the bloody thing and alter the mine plan as we uncover further gold.

Expand

brb are doing the same drilling forever and extending it further and further so it's not uncommon. Yet all we have to do is quarantine 2 sides set up the operation and get started on the shallow areas, but working the deeper depths will require a bit more planning than that.

MEU Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

FL1

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

The Rising Tide: How institutional adoption is shaping the future of crypto

CU6

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

STK

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

There are more pages in this discussion • 2 more messages in this thread...

First 52 Last

Add MEU (ASX) to my watchlist

(20min delay)
Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $41.28M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.8¢	$3.8K	100K

Buyers (Bids)

No.	Vol.	Price($)
6	336027	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	212439	2

View Market Depth

No.	Vol.	Price($)
6	336027	0.036
3	240000	0.035
2	600000	0.033
2	287500	0.032
4	114258	0.031

Price($)	Vol.	No.
0.038	212439	2
0.039	24999	1
0.040	407741	3
0.042	299540	2
0.044	164994	2

Last trade - 10.04am 22/08/2024 (20 minute delay)

MEU (ASX) Chart

SPONSORED BY