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You can't quote here what Data thinks the resource is, due to...

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JoeCool5150

1,522 Posts.

173

17/03/24

13:51

Post #: 72927511
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Originally posted by ronme: ↑

and I will repeat again he also previous mentioned that he has seen the old geological maps from the last century ( which is before even BEZ version one at the turn of the century) that indicate to him ( this pre-JORC so can't be used or quoted in print) that there is a resource there which is multiples of the 3.3mio Oz but I can't quote you here what he verbally thinks the resource at BEZ could actually be).
This is why we expect to have 3 diamond drill rigs operating later this year to correctly ascertain in JORC regulations an expected increase in the size of the resource.
if this were to happen then a feasibility assessment BEZ says to decide if we go straight to underground mining or do we start shallow open pit first.
Then the size of the resource will determine if a gold refinery can be built and sustained.
This is all longer term for those that have the patience to stick around.
It will be interesting to see how it all develops this year and next given we have both QM and State Government support.
However do your own research and make up your own mind and don't rely on what I have found out to date.

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You can't quote here what Data thinks the resource is, due to sensitive info, or you don't remember?

BEZ Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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