CTM 6.25% 51.0¢ centaurus metals limited

Ann: Discovery of Broad Scandium Zones at Itapitanga, page-7

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  1. 41 Posts.
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    "Centaurus cautions that the potential quantity and grade of the Exploration Target is conceptual in nature and there has been insufficient exploration to define a JORC compliant Mineral Resource. It is also uncertain if further exploration and resource development work will result in the estimation of a Mineral Resource."

    This seems a bit foreboding. Could someone with more experience with explorers explain what they mean by this and whether we should be concerned?
 
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