You said it exactly - reasonable assurances. If geos were let loose on the ASX no ones granny would have any money left little timmys birthdays. Geology is certainly not like a precise calculation of a bridge failing and until youve put a hole through it, odds are it isnt there. Even the smartest and most confident geos play the numbers game for this exact reason, and there needs to be some guidelines to keep over exuberance in check.
Until they can say with world best practice that there is 1M oz there then they should definitely not be allowed to put it in investor presentations
BRB Price at posting:
60.0¢ Sentiment: Hold Disclosure: Not Held