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46.5¢ rex minerals limited

Ann: Rex Minerals partnering process with Macquarie Capital, page-26

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howcho

227 Posts.

13

09/02/23

12:35

Post #: 66155979
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Originally posted by arsenic: ↑

I just thought I'd throw this in because I think it's incredibly important investors in resource companies have an understanding of it.
Plus we have had the UDFS done on it about half the resource but the rest is to a standard that should convert from resources to reserves resources at a very high and consistent level. From memory at 80% but ACB is the expert on this (not least because he knows how important it is).

The whole thing is here for those interested in understanding a little more.https://www.jorc.org/docs/jorc_code2012.pdf
All IMVHO

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Thanks heaps for this, arsenic.

A query if you please: on most charts of this type, an increase in the parameter mapped on the y axis moves it upwards.

On this chart, it moves it downwards.

Why have they done it this way?

Thanks.

RXM Price at posting: 27.5¢ Sentiment: None Disclosure: Held
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