GDA 0.00% 29.5¢ good drinks australia ltd

well done buc for keeping the market informed. some of the 20 or...

  1. 21,227 Posts.
    well done buc for keeping the market informed. some of the 20 or so views of the post, will be gda holders - so that leaves about another 3000 gda holders who are uninformed.

    as watso has previously mentioned, this is important information that gda holders should be aware off.

    just a quick look at the reports, and it is obvious that the surface zone of interest (and being confirmed by drilling) is about 500m x 200m - and the depth is about 200m - ie about 20m cubic metres - after allowing for the specific gravity of the rock - then somewhere between 60m tonnes and 80m tonnes of ore is a reasonable guess.

    20m tonnes will be a breeze to find.

    the barren holes (eg holes 19, 20 and 21)are on the perimeters - which seem to define the eastern boundary of the ore.

    the problem will be the timing of any future development. atlas seem to have a good pipeline of development prospects
 
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