OBM 1.47% 33.5¢ ora banda mining ltd

@FreaksceneHow are you supposed to perfectly predict what's in...

  1. 2,414 Posts.
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    @Freakscene

    How are you supposed to perfectly predict what's in the ground until you start digging though.

    The whole point of the JORC code is to provide investors varying degrees of confidence that the gold is in the ground and the mine / operation is viable.

    The drilling requirements between measured and indicated, reserves and resources are clearly defined.

    I want to know how we can have a reserve that comes back at 2.4g/t and we are only getting 1.4g/t

    I am not jumping at shadows, I am asking questions in relation to the facts.

    1 gram per tonne is a significant discrepancy, especially with low grade, high volume operations.
    Last edited by thecrabpest: 27/08/21
 
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