I think Pooh Bear's point is, they do not have a Jorc PROVEN or PROBABLE resource, they have a Jorc INFERRED resource, the lowest reliability Jorc category.
I understand his skepticism. Long term watchers of this stock and its predecessors have seen all of this before, the resource amounts to nothing economical in the end and the family sells out of the stock before they tell the rest of the market that "oh its not working out quite as we planned".
I can understand people falling for it once, maybe twice, but three times is a bit rich.
floor, page-32
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $2.794K | 604.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3078261 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7556170 | 16 |
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| Last trade - 13.07pm 09/09/2024 (20 minute delay) ? |
| CTO (ASX) Chart |