The 89m resource is well below RWD's presos from last year and RWD management is conservative.
I wonder how they did their calculations?
Digging to 4m has yielded a 24mt resource
So linear calc of digging to 80m yields 480m tonnes.
The latest data reveal in situ resource is pretty much consistent in depth, so linear calc, while rough and dirty should be good enough.
that is 400mt more than pareto sec....hmmm
RWD Price at posting:
65.0¢ Sentiment: Hold Disclosure: Held
