Hiya Disco.
We have to bare in mind that they are trying to define the limits of the structure, so I'm expecting not so crash hot results for this drilling campaign. Next drilling season should be big.
Managing Director Ian Mulholland commented, “This new diamond drilling program is designed to define the limits of the large high grade zinc mineralised system already discovered at Teena. The results will give us a better idea of the size dimensions and therefore resource potential.”
Just to add. Maybe the market in general doesn't think the ore body can be profitably mined at this depth, suffice to say that Teck seem to believe that it is, or why would they commit another 10mill or so to exploration, why not cut the loss and state that it cannot be mined at a profit at that depth. In saying that, finding an entry point closer to surface would great for all parties. IMO
- Forums
- ASX - By Stock
- Prepare thy wallets
Hiya Disco. We have to bare in mind that they are trying to...
Featured News
Add RXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.8¢ |
Change
-0.003(1.79%) |
Mkt cap ! $56.27M |
Open | High | Low | Value | Volume |
13.5¢ | 13.8¢ | 13.3¢ | $90.40K | 672.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 114184 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 444011 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 114184 | 0.135 |
14 | 733860 | 0.130 |
6 | 325396 | 0.125 |
6 | 358349 | 0.120 |
1 | 100000 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 432011 | 6 |
0.145 | 353599 | 3 |
0.150 | 299914 | 4 |
0.155 | 105000 | 2 |
0.160 | 257281 | 3 |
Last trade - 15.32pm 06/09/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |