Top post speculator.
With regards to your question I don't know the answer but to add some thoughts into the mix. - The fact that the $28/ounce was specifically characterised as sustaining suggests (to me at least) that there is also what they consider "non-sustaining". Maybe and this is just a hypothesis on my part drilling that results in additional ounces being added to our resource are considered sustaining as this would directly relate to continuation of the mine. Conversely any drilling that either didn't strike gold or did strike gold but the results haven't been converted to resource are considered non-sustaining? i.e a lot of this initial drill results may still be considered non sustaining?
- Forums
- ASX - By Stock
- BDR
- Ann: March 2016 Quarterly Report-BDR.AX
Ann: March 2016 Quarterly Report-BDR.AX, page-11
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)