boy 1,
The best thing to do is read up on geochemical exploration in drainage basins. Some of the diagrams in the announcement are interpretations of the preliminary results and photo interpretations of linear features which may prove to be important faults and circular features which may prove to be the outlines of individual intrusions or alterations.
I think Peter is going for a similar approach he did at the beginning of the Andewa exploration. Showing potential geological info lured in bigger companies for a JV and that would probably be on his mind with Schrader. Schrader from this information is definitely the most compelling target for FNT only because it has had such light exploration to date and because its high probability of having mineralised systems. The relatively close vicinity of Andewa helps there.
We know Andewa so far has proven to be an exploration failure in eroding potential and that's so very common in exploration. We have to move on. Schrader is another chance to make good.
I doubt very much will happen in the near future. OK tedi will go on doing some work, and probably frustrating the crap out of all of us, but I cant help thinking that FNTs fortunes are very much linked to the price of gold and the general markets.
- Forums
- ASX - By Stock
- LNR
- mt schrader
mt schrader , page-11
-
- There are more pages in this discussion • 2 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 LNR (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $7.330M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $14.92K | 5.028M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4612768 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 21306349 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4612768 | 0.003 |
51 | 45874397 | 0.002 |
18 | 67990999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 20899336 | 25 |
0.005 | 14056578 | 14 |
0.006 | 12335280 | 15 |
0.007 | 4985802 | 12 |
0.008 | 28852250 | 7 |
Last trade - 15.59pm 30/08/2024 (20 minute delay) ? |
Featured News
LNR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online