Only 95,000 of the 408,000 is exploration target. The rest is JORC 2012 compliant resource at varying levels of certainty, as per the first bullet pointed headline of the announcement.
I am pretty sure if you subtract the Dubbo component of the 2004 JORC resource and add the Dubbo 2012 resource and exploration target then we should have around 500,000 or so.
NTL Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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