Hey guys i've shaken off the RLL. remember we still have a back door.
However been trying to properly assess our iron ore grades and resource estimates and comparing to say...
ferraus metals FRS in east pilbara to get a feeling of SP. ABN predicting long term price of $2.67 for FRS. similar position but no mines producing. acces issues but near surface resource with option to BHP rail lines pending.
\
However ADY have resource 194 million tonnes. They 123million tonnes. but they have further possible 250 mt resource under exploration.
Please some one with knowledge can they look at ADY reports on resources an explain if they are acually good. I can't follow the BS in them eg we have tennements withs 9% grade cut-off and then at export it turns to 63.5% FE.
Ferraus seems to have resource grades of 58% ?? confused. need a geologist.
are grades and final Fe diffent things.
Any one.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.77M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50933 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 4242345 | 2 |
View Market Depth
| Last trade - 16.21pm 10/09/2025 (20 minute delay) ? |
| ADY (ASX) Chart |
Day chart unavailable