The Ore Reserve includes a volume which contains within the open pit areas of the Inferred Resource which do not convert to Reserves, but which are scheduled to be mined. In other words, as they get down to them and start grade control sampling and in-pit exploration drilling, they will probably end up milling the Inferred Resources contained within the pit shell anyway.
MOL is looking interesting again. I'm not an investor, but I've always been sniffing around. It will be interesting to see what the market does in the next 3-6 months to the share price of MOL. Might be able to pick some up for peanuts.
MOL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
