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2.25% 8.7¢ cokal limited

Coking coal shoots to 20 month high !, page-4

  1. indocopper
    375 Posts.
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    22/08/16
    10:38
    Post #: 18576273
    Reserves have never been reported. Not a single solitary tonne.
    If there is sufficient support in geological continuity to classify Reesources and Measured and/Or indicated then it is not a matter of sample spacing and/or geological confidence. If a "DFS" is complete it implies +/-15% or thereabouts engineering so it's not a matter of confidence in othe modifying factors. What then could be the reason for not reporting Reserves? Without Reserves what then is the Reasonable Basis for any forward looking statements?
    CKA Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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