what i recall seeing in a presentation that was done since the float of ORE, was a few lines indicating that if porosity was 20% or 30% rather than 10%... that then the resource calculated at 10% would go up by the same multiple... ie; 1.5M Li resource at 10% porosity - would become 4.5M Li resource if 30% porosity...
I still need to find where i got this from, so in the meantime don't go quoting me on it... but in general, it seems as though they will meet their minimum exploration target estimates... which is good... means the inground value down to 50m will still be somewhere near $10Bill or so.... not bad...
ORE Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
