My prediction based on their quarterly reports and recent infill drilling is that there will be a modest increase in global resource and a sizable upgrade of Oz from inferred to indicated. this is based on their ~20,985 resource definition metres drilled in the last infill press release and the 80 x 40 drill grid required for the upgrade. we also know that PDI plan to drop from 10 rigs to 4 but still convert almost all of the inferred resource to indicated by the end of the year. conversion may be juicy me hopes.
Is this conversion material to MC, we shall see.
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My prediction based on their quarterly reports and recent infill...
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EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
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