lol, that's a very "glass half empty" interpretation Kruiser.
why stop at stage 2, why not just go straight to infill? actually, why not do a conceptual target and a PFS at the same time? or even DFS? heck, ditch that, go straight for BFS. in fact, why dont they just go straight into production?
i guess the word you're looking for is diligence.
just throwing darts here, but if the initial results from the first 5 holes have been inconclusive or inconsistent, or perhaps do not paint a clear picture of the ore-body, the two extra holes may be needed to define the strike further.
but we're arguing over nothing here. yes, you are correct, this is not likely to be a world-class deposit, and anyone expecting anything more from a microcap is just plain dreaming.
all i am saying is that this is now trading at shell price, and has probable news flow which could buy a potential breakout from downtrend, and for me, that is worth the risk on a possible 50-100% profit from here.
better to be honest about the pond you are swimming in and not let illusions of grandeur cloud your judgement.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.158K | 251.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 18768585 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 11288198 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 10.07am 29/11/2024 (20 minute delay) ? |
NAE (ASX) Chart |