Can only imagine the 249d must be FFX?
Agree with you on the many bullish estimates on our upcoming resource upgrade.
I personally ran my own numbers for a number of days before allowing myself to believe that the ~47MT was actually a likely number (and not just a pipe dream). At first, the numbers looked suspiciously high - but I’ve done as much sanity checking as possible and the numbers look pretty robust.
Somewhere above 40MT also aligns with a few other ppl who are usually within. +/- 10% when it comes to resource estimation for hard rock deposits.
The major uncertainty for me is grade and whether we will move north from 1.2. I personally think 1.3% is a good chance but after the disappointment on grade in the original JORC, I have to admit I’d be unsurprised if we somehow ended up at 1.2 again with this upgrade.
LRS chart, page-5641
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $433.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.3¢ | $1.819M | 11.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1362632 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |