Saw the same thing when POGO was purchased by NST. NI 43-101 is not JORC Compliant. This was discussed at length in that thread and want to open the same can of worms. I guess you've opened that now.
Look at the rejuvenation/turnaround spill" on slide 8. The 50m USD exploration spend should replenish these reserves, if EVNs track-record is anything to go by. I actually wish Red Lake have less resources around the 4Moz mark would have had EVN snagging this one for a lot cheaper.
As for the SAR values... funny no one brought that up in the SAR boards. Will look at my calcs when I get home tonight.
Ann: Red Lake Acquisition Investor Presentation, page-41
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$4.74 |
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Mkt cap ! $9.428B | |||
| Open | High | Low | Value | Volume |
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