MRR 0.00% 0.9¢ minrex resources limited

Believe it or not, words actually have quite strict meanings...

  1. 786 Posts.
    lightbulb Created with Sketch. 471
    Believe it or not, words actually have quite strict meanings when reporting geological data
    "10m of spod from 50m" is not the same as 10m total, less than 50m from surface. As is made abundantly clear in the company's presentation today.
    https://hotcopper.com.au/data/attachments/4613/4613790-2121b86b9d9a115eb3335843dd8afc4e.jpg

    By the way, where is that "spod" that you referenced? The company MRR have made no reference to spodumene being logged? So how are you coming to that conclusion? Searching the PDF only reveals 3 references to the word spodumene and none of it is in reference to the drilled pegmatite results?
    https://hotcopper.com.au/data/attachments/4613/4613792-f971c4a60ce0983bfe5f45db4ad4eec8.jpg
    https://hotcopper.com.au/data/attachments/4613/4613794-c3d9062fff2086a57ecd45ad6db005dd.jpg
    https://hotcopper.com.au/data/attachments/4613/4613797-d52ad38242dc71110fec4f36976b2f6a.jpg


    "Identical geology"
    It seems pretty different if you ask me. Different colour, different grain size, different mineralogy, different alteration.
    https://hotcopper.com.au/data/attachments/4613/4613784-d73702f4b4b4f851e181cad812c8d297.jpg

    So lying to misguide other shareholders has become the norm it seems.
 
watchlist Created with Sketch. Add MRR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.