It is now approximately eight months since the company announced an increase in probable reserves to 680 million tonnes.
In the December quarter report we were advised that a revised resource/reserve tonnage would be announced in the March quarter, subject to orerly processing of core samples.
Given that the company has advised that the BFS will be completed this month, you would think the revised resource estimate announcement for Balmoral South must be imminent.
ARH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held