mmason, you are obviously downramping this stock.
When you say there is no mineralisation you are incorrect. Haematite is a significant indicator mineral for a start. Its brecciation indicates it has been broken up by the passage of some kind of fluid. The other mineralisation in the assemblage give us an idea of the kind of fluid. Water rich hydrothermal fluids deposit these minerals so we can reasonably assume that at some time heated, mineral rich water has passed through the Gawler volcanics below Churchill dam.
The geophysics signal tells us the deposit is huge. At this early stage, we don't know if there are economic minerals in the deposit but we do know it is similar to Olympic Dam.
Right now the sp has dipped and IMO there is a speculative buying opportunity.
Opaline
mmason, you are obviously downramping this stock.When you say...
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.7¢ | $6.356K | 361.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 4601066 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3385444 | 4 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| VMS (ASX) Chart |