Yep the new ASX rules basically means the old inferred resource is now being replaced by exploration targets. Which the one they gave us of 500-800k ounces (from memory) was in the range most of us expected for the maiden resource. I'm sure if AT did a dodgy and gave the 800k ounces of low confidence inferred most of these holders calling for his head would have been happy campers only to get rekt when it came to do the mining study and they can't find mineable ounces.
Ann: Renounceable Entitlement Issue to Raise up to $3.25 Million, page-39
Add to My Watchlist
What is My Watchlist?
