If a competent team can't make high profit from a wide lens showing near 6% copper equivalent with a new plant ready to go, it will be the first time in history. This purchase was a steal and while I accept that multi element deposits are notoriously difficult to process, it looks to me that the team at Woodlawn are on the right track. One key is to locate a lens large enough to give constant feed for an extended period. It looks like they have done this with the Kate lens which offers at least eighteen months of over average grade feed. They also have had the sense to go ahead with extensive development to offer multiple choices of production fronts. This allows selection of a series of similar assay lenses or alternatively of blending of several sources to give consistent feed. Our management are not dills.
If a competent team can't make high profit from a wide lens...
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Last
$2.39 |
Change
0.020(0.84%) |
Mkt cap ! $579.9M | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.41 | $2.34 | $910.9K | 385.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8949 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.39 | 672 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.39 |
Change
0.020 ( 1.10 %) |
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| Open | High | Low | Volume | ||
| $2.39 | $2.42 | $2.34 | 87250 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DVP (ASX) Chart |