AMN 3.45% 14.0¢ agrimin limited

If you want to talk about coning let's also talk about exclusion...

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. 406 Posts.
    lightbulb Created with Sketch. 50
    If you want to talk about coning let's also talk about exclusion areas! Someone on RWD thread tried to tell me that it doesn't matter that half the resource is included in an exclusion zone because it's liquid and it will just miraculously flow to the trench/well bore no matter how far away. I thought it was you but I'll give you credit for not being that dumb.

    "Extraploation is extrapolation irrespective of trench length"....not really. If you extrapolate a 13metre trench out to 1,000m you're going to get some wild results (or maybe not! (low confidence results is a better term)). If you extrapolate 200m the results will be closer to reality. It's pretty simple....as a sample size grows it gets closer to representing the population. Longer trenches + more pumping time + putting them where you intend the real ones to go (and not on top of where you're talking about putting an evaporation pond) = reliable results.
 
watchlist Created with Sketch. Add AMN (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
-0.005(3.45%)
Mkt cap ! $60.70M
Open High Low Value Volume
14.5¢ 14.5¢ 14.0¢ $9.437K 67.18K

Buyers (Bids)

No. Vol. Price($)
1 86515 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 13510 1
View Market Depth
Last trade - 12.49pm 22/11/2024 (20 minute delay) ?
AMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.