ASR 0.00% 0.6¢ asra minerals limited

Naturally I did read that announcement.What I was getting at is...

  1. 1,047 Posts.
    Naturally I did read that announcement.

    What I was getting at is that there is nothing in prior announcements that warrants suggesting a 53000kg resource. If TNR has no actual new results, then I don't see where Varun are getting that number from.

    If this number is based on interpreting the data currently on-hand, then I would have expected TNR to be shouting it from the rooftops; 53000kg of gold translates into an asset for the company worth somewhere between 20c-30c per TNR share.

    If anyone here knows where that 53000kg number comes from, I'd be really interested in knowing how it was derived.

    (I'm not suggesting a resource that size would add that amount to the SP without bars of gold coming off a production line, but the potential of such a resource would move it significantly higher than where it is right now)
 
watchlist Created with Sketch. Add ASR (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $12.95M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 300000 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 8046105 6
View Market Depth
Last trade - 16.12pm 02/09/2024 (20 minute delay) ?
ASR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.