You can't open pit mine only the high Ni values. That's why the average is well below some of the bigger hits.
That's what the JORC is all about. Reporting the good with the bad and reporting only what is above 0.7%.
It is clear that the main focus is on getting enough drilled and JORC'd for shipping over the next 3 years.
While it would be nice to know what the other 90% holds, AVQ doesn't have that sort of money spare at the moment.
The market should appreciate having a JORC now.
AVQ Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held