People quoting the 150mt figure should be careful to note it states “measured and indicated”, not inferred.
As other much more knowledgeable posters have pointed out - the initial JORC with the holes currently drilled will probably come in around the 70mt mark, measured. This is different then the inferred value, which I just roughly will be guessing will come in around 200mt (+/- 50mt).
I would expect the first tranche to be completed once the JORC is done for the full initial 20,000 drill program, I.e likely the first update in 2-3 months time.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Cashflow Report
People quoting the 150mt figure should be careful to note it...
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.752B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AVZ (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online