Excellent post Lord E, many thanks for sharing that.
One thought inspired by assumption 5;
higher grades should reduce excavation, trucking and processing costs, but Strip ratio's could play a huge part when comparing deposits.
A 200ppm deposit within a few metres from the surface could be more viable than removing 300 metres of barren rock to get to a 400ppm deposit.
Could you help me with a few questions regarding the ASX take-over rules. As I understand it, if a substantial holder crosses a certain threshold they have to make an offer for the remaining shares.
What happens if the offer is refused? Do they have to make a better offer? Are they allowed to continue purchasing on market after an offer is refused?
Excellent post Lord E, many thanks for sharing that.One thought...
Add EXT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $30.03K | 3.754M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6106603 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 608719 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| EXT (ASX) Chart |