Hey all had a much anticipated SS released this week on another stock I own IXR (not gold).
Was a bit of a fizzer (down 20%) due to the ASX position on the use of M&I versus inferred. A 315mtpa resource was only able to be reported as a 87mtpa resource which had a big impact on LOM & NPV.
got me thinking about our next big piece of news we are waiting for and wondering how much of the 4.7moz we can declare in a SS when its all inferred.
hoping one of the more informed posters here who have gone through SS with gold junior explorer can share some insights please.
cheers
General Chat, page-1487
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