Assays Depth Extending, page-38

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Tremonti17

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16/12/18

12:32

Post #: 36873715
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Originally posted by Nijiman: ↑

Heard from a mate last night who told me that a newsletter he gets said that the high grade zone at S.Nights could contain a COMBINED 25 -30% Pb & Zn. Which would sell for around $1600 / tonne, cost $150 /tonne to extract & process. But would be sold as DSO because it would actually result in a lower metal recovery if it were run through a mill & then through a flotation process. So we are talking serious numbers there.

Once the infill drilling & resource calculation are complete the company must get straight onto mining that high grade area. It would generate serious cash flow. To pay for a mill & development of all the lower grade areas. A announcement to proceed in that direction would seriously generate a lot of interest in the stock & result in a solid re-rate IMO.

If however once the calcs are out they then keep on fluffing about with drilling other targets or Buggerising around with Mallee Bull then they will be in need of serious mental therapy.

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Originally posted by Nijiman: ↑

Heard from a mate last night who told me that a newsletter he gets said that the high grade zone at S.Nights could contain a COMBINED 25 -30% Pb & Zn. Which would sell for around $1600 / tonne, cost $150 /tonne to extract & process. But would be sold as DSO because it would actually result in a lower metal recovery if it were run through a mill & then through a flotation process. So we are talking serious numbers there.

Once the infill drilling & resource calculation are complete the company must get straight onto mining that high grade area. It would generate serious cash flow. To pay for a mill & development of all the lower grade areas. A announcement to proceed in that direction would seriously generate a lot of interest in the stock & result in a solid re-rate IMO.

If however once the calcs are out they then keep on fluffing about with drilling other targets or Buggerising around with Mallee Bull then they will be in need of serious mental therapy.

Expand

PEX Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
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Last 12.0¢		Change 0.005(4.35%)		Mkt cap ! $63.91M

Open	High	Low	Value	Volume
12.0¢	12.0¢	12.0¢	$11.65K	97.13K

Buyers (Bids)

No.	Vol.	Price($)
2	50192	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	15656	0.435
1	25000	0.430
1	12000	0.420
3	48000	0.415
2	100500	0.410

Price($)	Vol.	No.
0.450	18788	1
0.455	4859	1
0.460	12349	1
0.465	36629	2
0.470	2000	1

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Assays Depth Extending, page-38

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Riversgold notes strong intercepts at Northern Zone in AC campaign

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Buyers (Bids)

Sellers (Offers)