Your thinking is correct. The average grade of the entire ore body will be less than the reported resource. That said, is also means that there is more gold in the ground (than the reported resource) but at a grade below the cutoff (of 2 g/t). We’ve already demonstrated that we can be marginally profitable with grades of less than 2 g/t. How many tonnes of ore do we have of grades of 1.5 - 1.9 g/t?? Could be a lot, could be a little, but I’m going to guess it could be a lot
- Forums
- ASX - By Stock
- WWI – the multi bagger small cap gold producer?
Your thinking is correct. The average grade of the entire ore...
-
- There are more pages in this discussion • 38 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 WWI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.66M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $23.70K | 1.693M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1843017 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 1054224 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 151538 | 0.009 |
7 | 3588613 | 0.008 |
2 | 1409048 | 0.007 |
2 | 2142999 | 0.006 |
3 | 1400000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 2172152 | 5 |
0.011 | 390000 | 2 |
0.012 | 3000000 | 2 |
0.014 | 1000000 | 1 |
0.015 | 1000000 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
WWI (ASX) Chart |