Hi,
IMHO not all gold deposits are the same, therefore need treating on their individual merits. The Mount for example
is a deposit that would require a huge amount of drilling to declare much of a JORC reserve. This is why FML waited until they did not need a Bankable Feasability study to make a decision to mine. If a JORC reserve on The Mount was needed, it would possibly still be in mothballs.
Can you name any of FML's peers that have more than 2 years of JORC reserves?
DYOR
K
metals and miners rating, page-12
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