It's a JORC compliant resource (although in need of an update with new drill intercepts to be included)
The whole point of the Joint Ore Reserve Committee is to prevent companies cooking the books like the "old days". It gives investors transparency, and assurance that the MRE are defensible.
I think the project is legit and will ultimately stack up very very well versus the current MC, the unknown is the corporate shenanigans between major shareholders that is causing huge market angst and uncertainty over the near term.
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