Hi Barney
I am only going on simobs comments and a little research this morning, but it would appear that there is certainly a ready market for I/O and the fact that it is stockpiled means no mining costs just transport to rail head less than 50km from tenements. Seems like a fairly straightforward proposition imo.
$10m cash in bank buys a lot of drilling and the Iron Ore stockpile seems like a $100m freebie.
RE; getting on with things. I think that is what they have been doing all along, we are yet to see the bulk of results from work carried out but they will be here soon. 2nd pass definition drilling should have already started and the awaited assays will help further define the drill program going forward
regards
Hi BarneyI am only going on simobs comments and a little...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DSE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.85 |
Change
0.060(2.15%) |
Mkt cap ! $199.1M | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.90 | $2.79 | $150.0K | 53.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1800 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 2864 | 2 |
View Market Depth
| Last trade - 14.25pm 05/07/2024 (20 minute delay) ? |
| DSE (ASX) Chart |