Some interesting anecdotes about mineral resource . . .
1. If you look at the Fenix video, the CEO goes from excited to ecstatic when talking about their aquisition of ""resource" from MGX.
2. JORC regulations . . . not only are new mineral resources / reserves to be reported, but also must be reviewed and any change reported. if a mineral resource is no longer considered to be a viable prospect then that reduction must be reported.
3.The Australian society of geologists and metalurgists write that the majority of mineral resource becomes ore reserve.
Share price end of August 2023, page-15
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Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.0¢ | $421.9K | 1.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 204993 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 8744 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |