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8.14% 9.3¢ argosy minerals limited

Fundamentals (New), page-198

  1. varient
    55 Posts.
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    11/06/18
    14:41
    Post #: 33633403
    The GXY DFS says they exepect to recover 68.7% of the lithium from the brine - so why are they calculating the probable and proven reserve (1.1M) at ~20% of the Measured & indicated resource (~5.6M)?
    Can someone more knowledgable than me, shed some light on this ?
    AGY Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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