AAR astral resources nl

Ann: Theia Diamond Drilling Delivers Best Result Yet, page-8

  1. 432 Posts.
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    You're mixing 2 things: inferred resources are extrapolated amounts based on the proven drilling results. This is based on the geology and chemistry of the bedrock. Indicated resources are proven resources, like the current drilling results. These drilling results add to both the inferred and indicated amounts. The drilling works to change inferred resources into indicated while adding to both categories. Every successful drilling result, and they've all been successful, this one has been the best I can remember, adds to the MRE.

    Selling at this stage is weird.
 
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