While I am at it I just added the drilling result since the MRE to see what It thought might result in the updated MRE.
Thats enough AI for me today!Implications for project economics
Parameter 2024 MRE basis Post-update expectation Impact 1 Resource category 100 % Inferred Significant Indicated slice Enables PFS-level studies & Ore Reserve conversion 2 Global tonnes 200 Mt 230-260 Mt Extends mine life and optional pit size 3 Average grade 1.0 % 1.0–1.1 % (diluted) Slight uplift if high-grade zones enlarge 4 High-grade subset 53 Mt @ 2.1 % 60-70 Mt @ 2.3-2.5 % Higher early-cash-flow potential 5 Strip ratio Unchanged (oxide free-dig) Possibly lower as southern & western extensions are shallow Reduces mining cost/tonne Overall, the new drilling should both grow the inventory and de-risk it, laying the groundwork for a pre-feasibility study and a first Ore Reserve in 2026. The headline uplift will be less about a spectacular jump in headline tonnes and more about turning part of a world-class discovery into bankable, high-confidence
- Forums
- ASX - By Stock
- General discussion
WA1
wa1 resources ltd
Add to My Watchlist
0.35%
!
$14.45

While I am at it I just added the drilling result since the MRE...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$14.45 |
Change
0.050(0.35%) |
Mkt cap ! $978.4M |
Open | High | Low | Value | Volume |
$14.68 | $14.86 | $14.40 | $1.221M | 83.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 297 | $14.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.66 | 2392 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 297 | 14.450 |
2 | 854 | 14.440 |
3 | 1485 | 14.420 |
1 | 349 | 14.410 |
1 | 272 | 14.390 |
Price($) | Vol. | No. |
---|---|---|
14.660 | 1892 | 4 |
14.690 | 349 | 1 |
14.700 | 800 | 1 |
14.720 | 349 | 1 |
14.740 | 1157 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
Featured News
WA1 (ASX) Chart |