ORN 11.8% 1.5¢ orion minerals ltd

Hey Sandybeaches,The drilling report this morning is great...

  1. 2,352 Posts.
    lightbulb Created with Sketch. 29
    Hey Sandybeaches,
    The drilling report this morning is great news.We could easily see your 10 cents sp by next week when people understand what the announcement means.
    My take on it is that they are on their way to proving a resource of 3.0 million tonnes.Historical mining ngrades in this geology was 1 oz per tonne.
    Lets assume the assays for this hole is only .5 oz /tonne.
    The gold resource for this target alone could be up to 1.5 million ozs.
    What a great Xmas present ORN might be.
    DYOR .Do the sums on the announcement. Let me know if yuo disagree.I am just an engineer who can calculate volumes.
 
watchlist Created with Sketch. Add ORN (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
-0.002(11.8%)
Mkt cap ! $109.3M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $16 1.002K

Buyers (Bids)

No. Vol. Price($)
3 372501 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 501945 2
View Market Depth
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
ORN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.