VIL 0.00% 1.6¢ verus investments limited

logging results, page-4

  1. 3,206 Posts.
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    hi cav,

    check out the anns for MEL on HC as an example... the first is when they announced a major discovery in nsw, the second when they give a prelim/tentative resource estimate.

    the 2-4 week period will check for flow rates etc.. but the logging will give an indication of what resource we are looking for.

    i am no expert and probably know less than you do - but the MEL Anns should give you an idea.

    i guess a JORC would be a good analogy, but in this case we are looking for the company's own estimate for now.
 
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