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
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $362.4M |
Open | High | Low | Value | Volume |
41.0¢ | 41.0¢ | 39.3¢ | $396.4K | 997.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 152500 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 134887 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 0.395 |
5 | 296923 | 0.390 |
2 | 200000 | 0.385 |
4 | 309150 | 0.380 |
8 | 388465 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 104887 | 2 |
0.410 | 55495 | 3 |
0.415 | 70000 | 2 |
0.420 | 225000 | 2 |
0.430 | 50268 | 3 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
MLX (ASX) Chart |
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