it was just shockingly rushed through to get performance rights. No1 even the most optimistic is denying that. There where plenty left out aswell. Brett Vader overlaid the MRE shell over the known faults in 2D and there is a very small portion of the total declared resource being indicated, and only about 60percent of the indicated resource falls on the existing known high grade (>0.5g/t) shell of the 2 faults which sit within the indicated portion. Previously we thought that the MRE would include 3 high grade areas/faults. So whilst we may say that the MRE is underwhelming therine is major room for uptick in total resource, and also in indicated. He believed as indicated becomes more prevalent in the total resource the grade will increase and so will the total ounces as most of our ounces are contained in the higher grade N/S faults. Irrespective of what happened today on the SP, and any negative connotations on the company fom its proof reading/marketing ability, there is MAJOR room for uptick in resources.
I would like to personally thank Brett for all his work
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it was just shockingly rushed through to get performance rights....
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