NWC new world resources limited

Further, it's a bit disingenuous to quote resource at 1%...

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    Further, it's a bit disingenuous to quote resource at 1% CuEq.
    When directly below it is resource at 2% CuEq at 1.6 mT less. (Being 11.4mT versus 9.8 mT)
    https://announcements.asx.com.au/asxpdf/20240717/pdf/065nqksx326p3s.pdf
    Slide 13.

    Given the relative grades of the two resource figures, I think it's purely intended to indicate potential. (A prime function of a resource).

    Taken with recent drilling and the comment that grade and tonnes to be mined are likely to increase I think it's a very judicious disclosure by the people involved, charged with developing the deposit for SH.

    All IMVHO.
    Last edited by arsenic: 10/12/24
 
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