Au contraire Freddie.
This round of Grade control drilling (10m x 10m) comes off the back of Decades of Historical information for this deposit. So, with a maximum level of confidence, in my opinion they would have directed the bulk of the early Holes (Assays received) into the areas of most confidence. Specifically aimed at those higher historical results. Why? In order to validate the the bulk of the resource, and the viability of Mining this deposit at this juncture. The balance of the holes that we are awaiting will more than likely be lower grade to simply outline the extremities of the Pit (Gold Price sensitive), and perhaps to inform the Planners where to place Plant lay-down areas, Accom, overburden etc,.
I'm expecting around 120koz (plus) of recoverable Gold from this Pit. Mined out in less than Three years at, or around $2,000.00 per ounce GOP.
None of which will be shared with anyone outside of us Shareholders!
You can all put your own numbers on that, but to my reckoning this equates to a SP well North of a Dollar!
- Forums
- ASX - By Stock
- Gold Price and Munda Valuation
Au contraire Freddie.This round of Grade control drilling (10m x...
-
-
- There are more pages in this discussion • 1 more message 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 AWJ (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $34.16M |
Open | High | Low | Value | Volume |
24.0¢ | 24.0¢ | 23.0¢ | $40.65K | 172.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 43450 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 5550 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43450 | 0.225 |
4 | 170259 | 0.220 |
4 | 117143 | 0.210 |
3 | 148785 | 0.205 |
1 | 5128 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 5550 | 1 |
0.240 | 274042 | 2 |
0.250 | 26499 | 2 |
0.255 | 78000 | 2 |
0.260 | 164715 | 6 |
Last trade - 15.59pm 18/07/2024 (20 minute delay) ? |
Featured News
AWJ (ASX) Chart |