VUL 5.32% $4.55 vulcan energy resources limited

Ann: Updated Ortenau Indicated and Inferred Resource, page-93

  1. 2,617 Posts.
    lightbulb Created with Sketch. 492
    How about you call the company, ask them to retract their announcements and change the wording to ‘Europe’s Largest (Inferred dominant) Resource’. Would that make you feel better?

    Your lack of understanding around resource classification and confidence/error is obvious. The reported resource is the CP’s best resource estimate (size, grade) based on the data available. The classification shows the confidence is low due to data. It doesn’t change the modelling, until new data is available.
 
watchlist Created with Sketch. Add VUL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.