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Jazzasax. What do you mean by:- the current measured resource...

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ozbucheron

1,607 Posts.

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24/01/19

18:54

Post #: 37216531
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Originally posted by Jazzasax: ↑

All sounds good but from my understanding;

- we don't have Mining License on one of the key farms; this could mean a big drop in Inferred
- some of the current resource estimations are internal and the 600moz has a high proportion of indicated
- the drilling has been difficult and seems diamond coring is not effective so accuracy is an issue
- the push to other satellite areas suggests low confidence in Theta Hill converting?
- the current measured resource includes internal estimates on values/depths due to poor recovery of cores?

All this tells me we are not clear on the ounces recoverable. I'll keep a small parcel but until the DFS is out I'm happy to keep my powder dry.

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Jazzasax. What do you mean by:

- the current measured resource includes internal estimates on values/depths due to poor recovery of cores
- some of the current resource estimations are internal and the 600moz has a high proportion of indicated

Cheers

TGM Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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