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10.0% 3.6¢ reward minerals ltd

Ann: LD Project - Excellent Drilling Results Continue, page-21

  1. pkn
    408 Posts.
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    25/08/15
    15:16
    Post #: 15872125
    The 89m resource is well below RWD's presos from last year and RWD management is conservative.
    I wonder how they did their calculations?
    Digging to 4m has yielded a 24mt resource
    So linear calc of digging to 80m yields 480m tonnes.
    The latest data reveal in situ resource is pretty much consistent in depth, so linear calc, while rough and dirty should be good enough.
    that is 400mt more than pareto sec....hmmm
    RWD Price at posting: 65.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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