Rupice – there’s no definitive conclusion about its genesis.Neither company management, consultants nor the independent geologist’s report in the prospectus can be certain as to how this orebody formed. There are only theories. Why is this important? Google “SedEx”.
So why not speculate? That’s why we are in this game and hopefully score a few goals!Perhaps Rupice is unique. The company claims it is. There is no reason why it can’t extend north & south. There are lots of reason why it could. What if it has a 2km strike length?
Arithmetic is easy – 2,000 strike length x 25m ave width & 150 down dip gives 25mt.
Comparison is also easy. Red Dog mine in Alaska is similar grade zinc equivalent (twice the size) generates revenue of CAD1.7bn and gross profits of $850+m.
So what’s ADT worth? More than 78c!
Rupice – there’s no definitive conclusion about its...
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Last
$4.07 |
Change
-0.150(3.55%) |
Mkt cap ! $918.1M | |||
| Open | High | Low | Value | Volume |
| $4.20 | $4.23 | $4.07 | $1.360M | 328.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 124 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 4481 | 3 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ADT (ASX) Chart |
