SPX 9.09% 1.0¢ spenda limited

Ann: Acquisition of Penny West - High Grade Gold, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,030 Posts.
    lightbulb Created with Sketch. 195

    Yep 16m @20g/t.

    you forgot to mention its over 40m below the pit floor.

    It would seem rediculous to walk away from that, unless the pit shell design had been mined out. 

    Many open cut mines ive worked in and now closed ops still have good gold deeper than was mined.

    To get at it now would require opening the pit wider all the way from surface at an inefficient waste/ ore ratio.

    I hope to see better images to determine the Penny shape.


 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $47.56M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $10.87K 1.001M

Buyers (Bids)

No. Vol. Price($)
26 10146638 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1853319 4
View Market Depth
Last trade - 10.22am 22/11/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.