306,800 oz from Penny North. The SPX market seems to be indicating how things are shaping up behind the court scenes.
Yes that is likely and also the ann on the 24th October outlined near future developments and these are due now.
Mineralisation is open at depth and along strike and has very strong extension potential.
• Recent extensional drilling is not included in the Resource shown in Figure 1. Results are pending and may form the basis for future Resource growth.
• Diamond and RC drilling currently continues from Penny North, to Columbia Magenta.
An upgrade to the Maiden Mineral Resource Estimate of 799 kt @ 13.8 g/t for 355,500 oz is highly likely
500,000 oz au?
AISIC $1200/oz au
Income $500M over mine life
Further expansion highly likely
Market cap $123m
Even with the Venus claim risk the SP is very low
my opinion DYOR
The 9th Commandment, page-43
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $43.24M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.2¢ | 1.0¢ | $230.0K | 21.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2072999 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1727627 | 3 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| SPX (ASX) Chart |