And if I could add this, always take note of who the Competent Person is that signs off on the MRE and further, their history of delivering a positively reconciled ore body - if at all.
You don’t won’t a Resource Geo giving you the “best case scenario”, albeit, still JORC compliant.
You want an old, crusty, mean Resource Geo that will give a conservative base case scenario for a possible favourable economic outcome but with plenty of upside.
These people are not in “favour” with mine executives as they won’t provide the big headline numbers that they need for their Roadshows.
However, these are the CPs you should seek out if you want to take any real comfort in your investment.
CAI Price at posting:
11.5¢ Sentiment: Sell Disclosure: Held
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