Did have contact with Brett last night. Emailed him a few questions & most were answered satisfactorily. Credit to him for the quick reply (whilst he was travelling on a plane to Toronto possibly going to PDAC).
I wanted to know why he made the statement : "The proximity and grade make expenditure to further define this area more attractive at present than looking at regional deposits of lower grade”. I stated the two high intercepts at Heemskirk which were 42.0m @1.1%SN inc [email protected]%SN & [email protected]%SN inc [email protected]%SN. Short answer was that the feed grade was low compared to the existing Renison ore but this project could possibly stand on it's own but would require more construction / permitting time than Ringrose. So Ringrose has the current focus & it would be unlikely that Heemskirk would be part of the MLX equation at this point of time (the earliest record of a bid for Heemskirk was in the 80's) I also asked why one drill hole went to 1240m - it was to search for the possible source of the tin mineralisation & understand the geology of this area. It would of been very nice to to have that intercept if it had struck !
Rentails would also be not be considered till 2026 - until all studies are completed especially since investment will be at $400m+. His reply states this project is still one of the priorities. Hopefully the economics stack up.
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Last
57.3¢ |
Change
-0.003(0.43%) |
Mkt cap ! $507.4M |
Open | High | Low | Value | Volume |
58.5¢ | 59.0¢ | 57.3¢ | $1.518M | 2.616M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 219369 | 57.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.5¢ | 120583 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 219369 | 0.570 |
8 | 111969 | 0.565 |
21 | 567130 | 0.560 |
7 | 555387 | 0.555 |
16 | 126744 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 120656 | 10 |
0.580 | 375110 | 8 |
0.585 | 328200 | 9 |
0.590 | 522388 | 13 |
0.595 | 155173 | 9 |
Last trade - 12.43pm 18/06/2025 (20 minute delay) ? |
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