IRD iron road limited
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Hi BlaBla,I was super conservative with my calcs, only took an...

  1. osr1986
    2,832 Posts.
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    06/08/09
    19:20
    Post #: 5478361
    Hi BlaBla,

    I was super conservative with my calcs, only took an SG of 1.5 and only choose 150M as I thought the dip was about 40-50 which may mean moving more and more overburden as you go down (dependant on the topography)
    If the JORC comes out higher than my calc I will be really very, very happy. If it comes out close to yours I will be over the moon!!!
    I always have a bit of an issue with ambiguous wording in reports, "up to"s, maximums etc. Leaves too much to the imagination.
    That being said, I think I need to go back and check out some of the previous announcements - I think they did have detailed drill information in some of them.
    IRD Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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