Nugget, the last few hundred metres on hole 5, was close to barren.
So we should view 750m, not 933m.
That being said, that hole drifted south by 150m and went outside the High grade zone.
Two potential sources exist. That adds risk.
Hense why Spq sits, around 100m cap.
Indications of a deposit , not proof of a deposit.
Just 1 in 100 deposits are viable to mine.
Because Spq is very early stage, there is still risk.
Breadth has not been tested, if they get good hits north, then we can add strike that way. Greatly de risked.
We will cross a threshold on de risk I believe after the next few holes.
Markets want proof, not theory.
Esra touched on this with news being visuals, not assays.
If your furious over a stock not moving that is not good.
Never let a stock effect your emotions to the detriment of your health.
Also Spq is a long term exploration play, and will require atleast 30,000m of drilling at bottletree to have a jorc resources.
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Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $14.00M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $6.784K | 965.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 3093441 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1943460 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3093441 | 0.007 |
9 | 2029219 | 0.006 |
7 | 5875966 | 0.005 |
2 | 630009 | 0.004 |
2 | 1266666 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1943460 | 4 |
0.009 | 2479443 | 3 |
0.010 | 3155309 | 2 |
0.011 | 200000 | 1 |
0.012 | 1217000 | 4 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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