RNU 1.08% 9.4¢ renascor resources limited

General Discussions, page-4582

  1. 1,420 Posts.
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    You have not compared apples with apples. One is an ore reserve and the other a mineral resources. Mineral resources contain everything, while the ore reserve is the part that can be mined economically. If you compare ore reserves.
    RNU = 87.4 Mt
    SYR = 108Mt

    But still you need to look at the lay of the deposit and depth etc. As we know Siviour is flat, shallow and open. So the reserve can be upgraded further. I’m not sure about the SYR deposit. Also Australia Vs Africa needs to be taken into account.

 
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