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Ann: Maiden Reserve at Bulletin to drive step-change, page-118

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plough

34,167 Posts.

1886

01/03/24

12:57

Post #: 72694117
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Originally posted by informativeation ↑

And the same goes for the WGP.

None of this is new, those in the industry have, over time, had opportunity to assess these assets that have been around for some time.

The industry as a whole is open to new interpretation however, it must be backed by demonstrable technical evidence and observation.

CAI have not achieved this thus the scepticism, not to mention the widely predicted underperformance of the WGP against the provided guidance.

Its one thing to present a new mine plan to old and unloved assets, it’s another to actually execute.

CAI have done nothing to alleviate the concern of these well worn assets.

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"CAI have done nothing to alleviate the concern of these well worn assets.'

Really ? CAI has moved much of the Bulletin resource from inferred to indicated , which surely increases the level of confidence , and guessing due to infill drilling by Bulletin plus they reblocked it to5* 5**2.5M which increased dilution but surely gives more confidence ?

CAI Price at posting: 14.5¢ Sentiment: None Disclosure: Held
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