My reasoning:
The JORC promoted the bulk resource as 0.15g/t, but the SS achieved the results it did by using 0.25g/t cut-off.
With the level of indicated where is was, 0.25g/t was necessary.
0.15g/t may become viable in the future studies, eg. if the inferred gets upgraded, and the strip ratio improves.
Also, the sensitivities analysis was created to match the SS, which used 0.25g/t. So the sensitivities would be inaccurate if using 0.15g/t cut-off.
Hopefully 0.15g/t would become viable, as that should mean that cost per tonne of reducing in future studies (lower cost would make lower grade ore viable). I'm assuming Fort Know is more drilled out, and having some kind of better metrics, like strip ratio or size.
- Forums
- ASX - By Stock
- NVA
- Sensitivities
Sensitivities, page-7
-
-
- There are more pages in this discussion • 13 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 NVA (ASX) to my watchlist
|
|||||
Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $40.86M |
Open | High | Low | Value | Volume |
18.0¢ | 19.0¢ | 17.8¢ | $63.16K | 346.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7633 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 93561 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 88571 | 0.175 |
4 | 129650 | 0.170 |
1 | 3333 | 0.165 |
2 | 53125 | 0.160 |
3 | 134500 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 93561 | 1 |
0.200 | 5000 | 1 |
0.210 | 34516 | 4 |
0.220 | 6000 | 1 |
0.235 | 30000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
NVA (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online