Accept we are speculating here on what is likely rather than...

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    Accept we are speculating here on what is likely rather than 100% probability/certain. Hence its 1/10th value p/t. Riversdale 195Mt in Resources (88Mt in saleable Reserves) vs all in Resources for ATU. Fair bet in 12-18 months ATU significantly betters this. Hence my comment about being 12-18 mths behind realising that $/t.Estimates I have seen from analysis to date is both strip ratio and quality is ~cet. par. The sites are neighbouring from what I understand and hardly irrelavnt...all three analysts covering this stock use the same comparative sale.. it's rare to get such a similar local comp.
    Last edited by 88888acct: 10/02/20
 
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