10M volume
volume sellers dried up down here.
nice intraday run to 7.7 with lows swiped up.
the volume capture is clearly at 7.8-9.1
market awaits more high grade drill results higher than Nova of 2.0% and Flying Fox of 2.9%
Both these one off lower grade mines are valued way higher = WSA $790M and IGO/SIR/Nova component $2,100M
10m widths at 10% or even 3% - 4% grades are world class and way higher grades than these other mines of 2.0%-2.9%.
market hasnt realised it yet but GS is looking more and more probable for restart and HIGH MARGIN FCF PRODUCTION now than ever before.
Watch the grades and true widths and depths.
So this is 2 super high grade deposits within 500m of each other under BS.
How many more others of these SS GS type world class deposits are there within this 2 square km radius?
Do you think the lave flow from the super volcano went into only 2 channels?
Not at Kambalda nor Windarra, there were many many of them.
Why is Black Swan any different?
I called years ago that there would be many more of these world class deposits around & under BS,
so far spot on.
This BS mining precinct may well host many more of these high grade world class deposits all over the place.
a DHEM ring with 1km radius is what is needed.
That monster mill is going to be busy for decades to come imho
