ERX
Click for more information
0.00% 12.0¢ exore resources ltd

Hi Maxi1981. I looked at EUR and the problem I saw was the depth...

  1. westcott
    8,602 Posts.
    lightbulb Created with Sketch. 40
    clock Created with Sketch.
    03/12/17
    12:07
    Post #: 29325914
    Hi Maxi1981.

    I looked at EUR and the problem I saw was the depth to extract their ore. Also having to dig out any other ore they find at depth. Any ongoing drilling is going to cost a lot of dollars per drill hole.
    Surface or close to surface ore is always going to be best. Free dig in other words. The same goes for any ore like Iron Ore.

    Regards
    Westcott.
    NLI Price at posting: 9.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Tenant turnover: Reducing costs and revenue-loss
right-arrow Created with Sketch.
3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
PDN Paladin flags up to 4.5Mlbs of uranium production in FY25 guidance
right-arrow Created with Sketch.
SXL Southern Cross says no to buy up of Australian Community Media assets
right-arrow Created with Sketch.
NIM Nimy extends sulphide targets at Mons with new anomalies identified
right-arrow Created with Sketch.
watchlist Created with Sketch. Add ERX (ASX) to my watchlist
(20min delay)
Last
12.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $73.12M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
ERX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.