Given the rate of drilling for the first hole of ~70m per day, we should be looking at a depth of around 600m this morning for the second hole.
I assume that we are yet to hit alteration in this hole at the current depth of around 600m, otherwise we more than likely would have had a second trading halt.
The first hole hit varying amounts of hematite ± carbonate ± silica ± chlorite± sericite alteration from 836 to 966 metres.
So keep a close eye on VMS over the next 2 to 3 days, as we progress to around 800m depth by mid Thursday. Trading halt either later today or tomorrow will be a critical sign of the intersection of alteration in the second hole.
- Forums
- ASX - By Stock
- VMS
- progress of second hole
progress of second hole
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VMS (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.01M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $22.78K | 1.340M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 3424047 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 977633 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 3324047 | 0.017 |
17 | 3422250 | 0.016 |
8 | 3907162 | 0.015 |
3 | 1250000 | 0.014 |
5 | 1994067 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 841347 | 6 |
0.019 | 1315128 | 7 |
0.020 | 1316500 | 5 |
0.021 | 1000000 | 1 |
0.022 | 2608154 | 6 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
VMS (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online