Well as you can see in my post , the previous drill results where also very good. So this is already ROUND 2 and we haven't even begun to fill in ALL the gaps along strike. And you can also see by comparative grade to that of the many holes drill at the Genesis ' Ulysses' project which has what 800 metre strike and similar depth to get a feel what the project could be initially worth. The only difference is the ' Exploration Premium ' which is often applied to the nearer term outlook on the value once the Market starts to factor it in. And this wouldn't even include a premium for a JV or an outright takeover.
So anywhere from 2.75 - 2.78 cents to 6.5 cents is my gut feeling , but at the same time , I feel as though there is potentially 1 million to 3 million ounces in this Kookynie ' TREND ' and perhaps even upwards of a million ounces just from this McTavish East Pit or multiple pits alone
Time will tell I guess as to whether I am right or wrong , but at this price as has been illustrated already , I don't think you can go much wrong here.....
- Forums
- ASX - By Stock
- CAV
- General.discussion
General.discussion, page-265
-
-
- There are more pages in this discussion • 989 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 CAV (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.36M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $5.225K | 1.306M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 23830246 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 36909306 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 23830246 | 0.003 |
24 | 28727936 | 0.002 |
16 | 34072860 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 33909306 | 31 |
0.006 | 16696418 | 18 |
0.007 | 3224571 | 7 |
0.008 | 4745259 | 8 |
0.009 | 3830588 | 4 |
Last trade - 10.30am 04/10/2024 (20 minute delay) ? |
Featured News
CAV (ASX) Chart |