Mate, I wish CEO is more specific with the inclusion of 'Financial' or 'Calendar' in his announcement. However, reporting of Resources is subject to factors that will 'materially' change the estimates of last reported Resource as spelt in ASX Listing Rule 5.8 (b). Note that, time is not a mandatory for companies to submit Resource Estimates. From my experience as a geologist, we usually release two Resource updates in a year. May is when we release the Budget and October is the Resource model.
My guess is, Resource update for Korbel Main would be sooner (March) rather than later when PAD 6 is completely drilled because that will significantly increase the Resource greater than 40% which will "materially" impact the last reported estimate of 3.3mil.
Mate, I wish CEO is more specific with the inclusion of...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $37.75M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $12.60K | 80.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72834 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2479 | 1 |
View Market Depth
| Last trade - 15.35pm 06/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |