Hi PovertyBoy, no offence taken, I like to keep it simplistic. Appreciate that Hot Copper is much more technical than the UK forums but there are still a lot of new folks reading these boards.
Agree ref the artisanals, nothing in this game is guaranteed until its drilled but we are speculators investing in early stage exploration - you sometimes need to take a leap of faith. However, the scale of artisanal mining at Dorothe is very special and Tekton are not going to waste 5 years of surface exploration just to be disappointed with drilling results. The geologists are very happy. I've talked to Len Kolf specifically about Dorothe and I'm confident that they have this pegged right.
The iron ore is definitely a longer term prospect. Maybe we can come back to this in a few years?
The 128m lithium intersection is not alone but it is the best from currently released results. I've studied several other big pegmatite drills and there are not many that can compete with this particular metric. Pilgangoora is a huge resource but is nowhere near that thick. Will be interesting to see how Ewoyaa translates into a resource estimate.
Current price action is indeed frustrating. I think the market just wants to see something solid from Ghana and Chad. Difficult to value on speculation alone!
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 28219 | 0.130 |
3 | 250000 | 0.125 |
3 | 1020491 | 0.120 |
1 | 500000 | 0.115 |
3 | 99220 | 0.105 |
Price($) | Vol. | No. |
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0.135 | 65000 | 1 |
0.140 | 393111 | 1 |
0.145 | 295471 | 3 |
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