WC8 wildcat resources limited

"However, if they exclude large sections due to very low grade...

  1. 1,623 Posts.
    lightbulb Created with Sketch. 2431
    "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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