Graphite demand 2018, page-32

My understanding of JORC has changed after reading this.

Worth taking a look at.

www.asx.com.au/documents/rules/Appendix_05A.DOC


In Part:

" The JORC Code is a Code for Public Reporting not a Code that regulates the manner in which a Competent Person estimates Mineral Resources or Ore Reserves. The term ‘JORC compliant’ therefore refers to the manner of reporting not to the estimates. Use of the words ‘JORC compliant’ to describe resources or estimates is potentially misleading. The words ‘JORC compliant’ should be interpreted to mean: ‘Reported in accordance with the JORC Code and estimated (or based on documentation prepared) by a Competent Person as defined by the JORC Code’.



Hmmm...It would be great if we could all write our own story and get finance based upon it.

I would still rather see an independent report on the resource.