BRB 0.00% 47.5¢ breaker resources nl

Is BRB a good investment?, page-3

  1. 3,718 Posts.
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    I can add that a feasibility study is produced along with a JORC definition of reserves. In order to determine JORC reserves, a considerable amount of drilling is needed at a close spacing. That takes time as well as funds. Resources are declared earlier than reserves., Reserves are those that are considered through an externally validated process by a professional geologist to be economically viable for mining and so depend on the POG as well as the level of resources.
    BRB has resources but as yet, not reserves.
    Apologies to everyone reading this who knows this to be ABC but as @NotToTellLies comes across as new to the game, I thought I should add the info.

 
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Currently unlisted public company.

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