One thing to consider though, is that a JORC reserve was never stated for Beverley prior to mining.
As AGS is not the operator at 4mile, the decision to mine is not theirs, and so a JORC may not be a priority for Quasar.
That is my understanding,and so AGS is always at a disadvantage because there is no obligation for Quasar to report to the ASX, it only reports to AGS.
The drill map did look good so far as FME is concerned didn't it? Like you, I would expect a trebling of U reserves as a guess.
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held