Ann: Redmoor 2017 Phase 1 Drilling Update, page-29

First 29 Last

wubing

4,109 Posts.

07/09/17

18:41

Post #: 27070833

Originally posted by Subs ↑

SML

· SVS high-grade zone widths and grades exceeding CRL's expectations. Exceptional intercepts include:

Column 1 Column 2

1 CRD007:
14.8 m @ 1.00 % SnEq from 245.7 m, including 2.5 m @ 3.39 % SnEq from 257.9 m

2 CRD009:
17.5 m @ 0.68 % SnEq from 265.9 m, including 3.1 m @ 1.97 % SnEq from 280.3 m

3 CRD009:
28.2 m @ 0.81 % SnEq from 298.8 m, including 7.0 m @ 1.89 % SnEq from 317.5 m

4 CRD010:
11.1 m @ 0.57 % SnEq from 113.3 m, including 3.1 m @ 1.19 % SnEq from 121.3 m

vs NAE

• Encouraging results from discrete high-grade zones within the Sheeted Vein System (SVS) with thicknesses and grades exceeding expectations of NAE’s Directors. Significant SVS high-grade zone intercepts include:

◦ CRD007: 14.8 m @ 1.00 % SnEq from 245.7 m, including 2.5 m @ 3.39 % SnEq from 257.9 m
◦ CRD009: 17.5 m @ 0.68 % SnEq from 265.9 m, including 3.1 m @1.97 % SnEq from 280.3 m
◦ CRD009: 28.2 m @ 0.81 % SnEq from 298.8 m, including 7.0 m @1.89 % SnEq from 317.5 m
◦ CRD010: 11.1 m @ 0.57 % SnEq from 113.3 m, including 3.1 m @1.19 % SnEq from 121.3 m

Its like they take our announcement, fix it up, making sure it sound as positive as the results actually are, then make their announcement... If only SML announced these things first!

Expand

The grade looks good to me.
And the market will fix it tomorrow IMHO

NAE Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held

5 Upvote

0 Great analysis

There are more pages in this discussion • 100 more messages in this thread...

First 29 Last

Add NAE (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change -0.001(11.1%)		Mkt cap ! $7.175M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$20K	5M

Buyers (Bids)

No.	Vol.	Price($)
38	19505374	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	11453156	6

View Market Depth

No.	Vol.	Price($)
2	2200000	0.006
9	8299899	0.005
6	3650000	0.004
3	2622888	0.003
3	4000100	0.002

Price($)	Vol.	No.
0.007	2536904	6
0.008	3066187	5
0.009	1057001	6
0.010	5904545	3
0.011	500000	1

Last trade - 10.06am 26/11/2024 (20 minute delay)

NAE (ASX) Chart

	Column 1	Column 2
1	CRD007:	14.8 m @ 1.00 % SnEq from 245.7 m, including 2.5 m @ 3.39 % SnEq from 257.9 m
2	CRD009:	17.5 m @ 0.68 % SnEq from 265.9 m, including 3.1 m @ 1.97 % SnEq from 280.3 m
3	CRD009:	28.2 m @ 0.81 % SnEq from 298.8 m, including 7.0 m @ 1.89 % SnEq from 317.5 m
4	CRD010:	11.1 m @ 0.57 % SnEq from 113.3 m, including 3.1 m @ 1.19 % SnEq from 121.3 m