QBL AGM Summary, page-137

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nihilism

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27/11/14

09:17

Post #: 14361548
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Originally posted by Merleredneck ↑

The whole point is to sample then focus on some of the areas identified with better results.
Again big tenement , plenty of cheese.
800 Kt pa - a few mt Dso indicated does the job.

plenty of absolutely blind down rampers who just can't see the wood in the forest.

pilot DSO operation alone set to rerate us.
Blended option on higher volumes can follow. But put that aside. The 3, 4, 5 mt inficated of 30-3 will get this on its bike .

I dont think they are trying to get your 21mt to indicated . They only need to get a few mt of what is suitable to the DSO SS to indicated.

They will have focused their attention in some discrete areas . I would guess a lot of the 30mt will remain inferred. And the sub resource will emerge in what the last 2months of focused drilling has achieved.

Why would you spend time drilling anywhere else but in your best area. If your objective is to delineate just a sufficient amount in indicated to move forward. Do that first then later come back and upgrade other areas with more resource definition drilling.

Though if they have, it will be useful for any blend considerations.

Or better still conduct an even wider sampling exercise into the rest of the vast tenement.

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Merle,

you're fairly reasonable in your responses. can you just let me know, do you believe they will dig any dirt out of the ground next year (2015)?

QBL Price at posting: 2.7¢ Sentiment: None Disclosure: Not Held
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