I’m no geologist or mining expert but even I was absolutely shocked and surprised to read this morning they’ve only tested into 3 feet ........... I mean what were they expecting ...
I’m hoping this is just a continuous disclosure issue and they’ve released this data they’ve received first whilst also having sampled or beginning sampling lower.
If they’ve just had to release these because they had them and there is going to be testing deeper/or they are awaiting deeper testing results then im quite confident we will get back to where we were and some more in a heartbeat as this is likely where the mother load will be.
IMO anyone selling now either doesn’t understand the type of deposit here or has no faith in management to dig deeper...
If management is incapable of knowing they need to dig deeper (highly unlikely , id hope) then by all means this deserves the smashing it got and they’ve got no hope.
I’m betting they know this though as stated in their presentation and have topped up a fair bit today
There is no deadline of 30 Sep btw ... this is only to keep the exclusivity of the project acquisition option. Just means someone else can bid for the project if not complete by this date. Doesn’t mean it’ll fall through necessarily. (In the off chance they’re not done digging deeper/assaying by then)
- Forums
- ASX - By Stock
- Where do we go from here?
I’m no geologist or mining expert but even I was absolutely...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.90M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $2.52K | 839.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
67 | 66071732 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 26835365 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
67 | 66071732 | 0.002 |
29 | 55189339 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 26835365 | 29 |
0.004 | 30493564 | 25 |
0.005 | 14909193 | 15 |
0.006 | 12142851 | 5 |
0.007 | 4446972 | 8 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
Featured News
PUR (ASX) Chart |
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online