You are correct about some elements imo, scoping study can use 30% inferred, PFS 10% inferred as part of studies along with indicated. Brokers and alike prefer them, some companies will only deal with you if you have indicated, so benefits galoire.
You are across James Bay and Sya from reading your stuff prior, the idea that grade for indicated will suddenly be massive in insincere, ill take anything over 1.12% in indicated thus meaning the deposit as a whole improved, when the upgrade to measured etc occurs, id expect that high grade 1.3 /1.4 to be a 20-30mt
WR1 Price at posting:
$1.24 Sentiment: Buy Disclosure: Held
(20min delay)