bb is ba, page-116

  1. 15,866 Posts.
    The myth of the nasty accumulator is busted so lets introduce the next myth say the cheer squad.

    The myth of the bulk test giving us the right copper grade rather than the JORC number.

    Our cheer squad didnt like the JORC number. After all, it caused a great crash of the share price.

    What to do? Lets grab the bulk test numbers and use that as the average grade instead they say.

    Yes a set of cores chosen specifically to test the processing of the highest grade material then gets applied to all areas. WOW!

    Its like analysing a test sat by 4000 students which gives an average grade of 50%. Hmm dont like that number so lets just grab the top 200 students who averaged 90% and use that to represent the whole body. WOW thats a lot better isnt it!

    We can now just talk the 90% number and forget the 50% number. Isnt it a grand myth?
 
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