SDL 0.00% 0.6¢ sundance resources limited

drilling results speculation, page-13

  1. 8,602 Posts.
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    Hi (Nobananas)

    I believe from memory that SDL reply to me was that their main objective was to concentrate on getting drilling results that would allow them to give Reserve/Measured resource figures.

    I questioned them about further drilling and announcing,like most others,predicted/expected resource figures based on wide drill spacing's.
    Some have given figures like 10 and 25 billion tonnes based on wide drill spacing and one I know of who gave a figure of 25 billion tonnes based on AeroMagnetic results before they had done any drilling.This one is an Australian company in Cameroon.

    I believe Sundance Resources would be in a better position than most to give an Expected/Predicted future resource figure as they have been drilling this area for around 5+ years,they also have a very good understanding of the terrain and underlying structures of the ground beneath.

    Regards
    Westcott.
 
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