am not a mining engineer that needs to comply with various reporting standards. Am a speculator that attempts to evaluate potential of a number of asx listed entities. I can use any standards that I want, as the ultimate aim is to generate a profit. This approach has served me extremely well. Conceptual guesstimates attempt to measure upside or downside.. you are entitled to use any method formal or informal to measure upside. Am currently sitting in a hotel room overlooking the Atlantic, near Charleston North Carolina, trying out a bunch of wonderful local eateries. You could call this the fruits of my labor. Good luck to you and hope that we both do well.
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