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Ann: RIU Sydney Resources Round Up Presentation, page-55

  1. Ozprey64
    357 Posts.
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    12/05/23
    00:03
    Post #: 67733116
    There is little point in proving up an ore reserve of more than 30 m tonnes other than to test drill other licences for better quality sand to fullfil expenditure requirements. What's the point in having 250 years of supply at 5mt/ year? It is. poor use of capital IMO.
    VRX Price at posting: 9.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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