WC8 wildcat resources limited

Ann: NEW DISCOVERY AT TABBA TABBA - LUKE PEGMATITE 41M @ 1% Li20, page-60

  1. 1,623 Posts.
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    "However, if they exclude large sections due to very low grade they may get to 1% but it will be a much smaller resource than the 100mt or 150mt some posters believe they may declare."

    PLS latest Reserve Update uses a cut-off of just 0.2%:

    https://announcements.asx.com.au/asxpdf/20230825/pdf/05t1gfmwpl7xdz.pdf

    https://hotcopper.com.au/data/attachments/6094/6094078-2bc66bc811f15cfbdfdc020fda50a1d2.jpg

    Did you also criticise PLS for misleading the market for the sake of a headline ie an increased 400Mt resource?

    Or do just hold WC8 to a different standard? The answer is obvious.

    Move on clown.

 
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