IPX 0.90% $2.25 iperionx limited

OMG look at the size of the samples. 300-500grams. Bloody tiny...

  1. 7,397 Posts.
    lightbulb Created with Sketch. 1955
    OMG look at the size of the samples. 300-500grams. Bloody tiny samples. They could have been spot sampling tiny little crystalline Zn, Pb, Cu-bearing veins 1cm wide for all you know. What's wrong with 3-4kg samples? They'd be a lot more representative. Certainly nothing to get excited about.

    Some channel sampling could have provided some widths to go with the grades to generate some useful data but they didn't bother.  

    I'd be digging up the historical data to get a feel for what's in the ground.

    "A total of 88 geochem samples were
    collected as random chips from
    historically existing mining and
    exploration workings. This includes
    from sites such as mine dumps,
    prospect pits & trenches, and
    adjacent mineralised outcrops.
    Equipment used was predominately
    hand-held hammer for the collection
    of rock fragments. Samples were not
    necessarily representative of
    average grade of the area being
    sampled."
    Last edited by Midnight26: 09/08/18
 
watchlist Created with Sketch. Add IPX (ASX) to my watchlist
(20min delay)
Last
$2.25
Change
0.020(0.90%)
Mkt cap ! $514.5M
Open High Low Value Volume
$2.23 $2.30 $2.23 $286.6K 126.8K

Buyers (Bids)

No. Vol. Price($)
1 442 $2.25
 

Sellers (Offers)

Price($) Vol. No.
$2.30 10000 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$2.26
  Change
0.020 ( 0.05 %)
Open High Low Volume
$2.25 $2.29 $2.24 12743
Last updated 15.59pm 29/03/2024 ?
IPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.