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08:07
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Originally posted by AuCrusher:
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Some interesting points made in the quarterly report that has recieved less than expected commentary. Seems everyone is more interested in a waste mining venture in the Melbourne CBD that in real gold mining.
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I think this is why they are only preparing a Inferred Resource. That way they can avoid commentary on metallurgy, recoverability, costs etc. The Inferred Resource will give some nice large numbers, however the reality is that these numbers will never be fully converted in a Reserve, let alone mineability
