It doesn't work for me. They spent $30m in 2002 sinking that exploration shaft into the potential resources at a depth of mores than 500m and probably well into the water table.
What I'd prefer see is a chunk of hill cut out using surface mining. They've been intersecting small amounts of sulphide at 20 - 50 metres. Magic words: "near surface". That said, I'm not sure that I've got a grip on the structure yet. But burrowing down over half a km is expensive and risky and takes for ever to prepare.
- Forums
- ASX - By Stock
- SBR
- guchab
guchab, page-18
-
- There are more pages in this discussion • 12 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 SBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $4.322M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $7.436K | 672.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 503270 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 188935 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 503270 | 0.011 |
18 | 2584923 | 0.010 |
2 | 454666 | 0.009 |
3 | 595000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 188935 | 3 |
0.013 | 352727 | 2 |
0.014 | 725927 | 5 |
0.015 | 585000 | 2 |
0.016 | 50000 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
Featured News
SBR (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online