You don't know what the indicated resource is for each of the zones.
What if most of the 434koz contained within plant zone and main shear?
Why are no cross sections provided for all the various zones?
Seem to be continually getting the same long section which gives no information on how mineralization looks or is formed.
Grace is barely over 110koz. You don't know how much of Grace is categorized at indicated. What if only 30Koz of it is? You'll only be able to factor 30koz in a feasibility.
You want to see Grace have at least 200koz in Measured or Indicated.
Not saying it will get there. It may. Still needs alot of work.
But @m0ngy wants everyone to believe that RXL is there already. It isn't.
It doesn't help that barely any assays are released and when they are information is so scarce and blotchy it's hard to form a view on how things are developing. Don't know Maybe some cross sections may provide some clarity.
It should come as no surprised. There was alot of sunk capital with the poorly run drilling programme which returned plenty of dusters and now they have pivoted to plans for a smaller scale potential restart.
There is nothing wrong with this, except, requiring more capital now to execute the new plan.
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