Very selective mrjeza. Do the same calc for drill hole 01 - strip ratio close to 6. What about the other 5 holes that didn't make the grade for the announcement? Add these in and strip ratio will be very high, and most likely uneconimic.
This is what I and others have been saying all along. Some nice sweet spots but very patchy so overall resource is low tonnage. Sandpit.
ADV should rush over to the remaining 37 pegmatite outcrops that represent 5% of the Seymour strike There's loads of lithium there apparently. But we all know why they haven't done that.
This announcement and the drill hole assays to follow "shortly" will do nothing for the SP, in fact I expect it to retreat back to my earlier 1.5c prediction, which became reality btw.
- Forums
- ASX - By Stock
- Ann: Multiple Spodumene-Bearing Pegmatites Intersected at Seymour
Very selective mrjeza. Do the same calc for drill hole 01 -...
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADV (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.439M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 13.0¢ | $8 | 58 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26918 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 71428 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3201255 | 0.003 |
21 | 33473529 | 0.002 |
10 | 17528549 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 12395196 | 16 |
0.005 | 6855445 | 11 |
0.006 | 6847500 | 13 |
0.007 | 3792287 | 8 |
0.008 | 6107932 | 8 |
Last trade - 14.54pm 29/11/2024 (20 minute delay) ? |
ADV (ASX) Chart |