And to add to this, if they encounter more dual Dolomite Ore Formation (DOF) horizon hits in upcoming assays, then this will lead to further upside in the resource estimate. This means the target was very reasonable and the additional metres drilled from an initial target of 15,000m, they completed: 17,266 metres, will add to more confidence and additional resource tonnes, as all holes have hit the resource body.
It is very rare that companies manage to achieve this level of drilling success! Very competent team on board from Gecko Exploration, which is led by a German, Dr Rainer Ellmies:
https://www.linkedin.com/in/rainer-ellmies-b257bab1
We have a competent team from BB through to companies contracted to carry out the exploration, mining studies, metallurgical testwork etc.. this is a very low risk company for the massive upside potential, and this is not ramping because it's all based on fact and as the remaining assay results come in, the JORC resource in Feb 2018 will prove to live up to expectations.
Cheers
- Forums
- ASX - By Stock
- CLA
- Frankly, I do not really understand
Frankly, I do not really understand, page-41
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLA (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.85M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $19.52K | 1.617M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 715668 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 1463820 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 715668 | 0.012 |
23 | 8225923 | 0.011 |
14 | 12953995 | 0.010 |
8 | 837441 | 0.009 |
4 | 870074 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1363820 | 5 |
0.014 | 1950000 | 4 |
0.015 | 5213766 | 5 |
0.016 | 2339775 | 5 |
0.018 | 397000 | 4 |
Last trade - 15.58pm 18/10/2024 (20 minute delay) ? |
Featured News
CLA (ASX) Chart |