Yep, most were expecting increased resource, not increased tonnage (which purely increases cost). It certainly explains the weakness of THR of late and possibly the reason the Chinese walked away, and the difficulty in finding an off-take arrangement quickly.
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55 percent increase in resource, page-7
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 1710000 | 0.016 |
1 | 2000000 | 0.015 |
4 | 2991286 | 0.014 |
2 | 2538500 | 0.013 |
1 | 650000 | 0.012 |
Price($) | Vol. | No. |
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0.018 | 627000 | 3 |
0.020 | 40000 | 2 |
0.025 | 20526 | 1 |
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