AMG 0.00% 5.1¢ ashby mining limited

Low grade- I thought it was a major asset? The made a number of...

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  1. 9,666 Posts.
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    Low grade- I thought it was a major asset?

    The made a number of announcements

    Took 13 small samples and said grade was average 5.4 g/t for 180000 to 200000 tons

    Then said they are conservative and only using 2/g/t

    It’s market cap is about th value of this asset which was just sitting there- they inferred they have 400000 grams of gold in stockpiles, so about 14109 oz of goooooooolllllllld, about 24 millllllllllion aud gross before processing

    Let see what they realize from this treasure chest
 
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Currently unlisted public company.

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