Joel,
What is EXT's resource grade? Is it over 300ppm?
Refer to http://www.extractresources.com/DesktopModules/Bring2mind/DMX/Download.aspx?EntryId=3272&PortalId=13&DownloadMethod=attachment
and you will see th zone 1 JORC showed that zone 1 had 108 mill lbs 430 ppm at a 100 ppm cutoff.
If you raise the cutoff to 200 ppm the resource is 103.7 mill lbs at 460 ppm.
When your jaw hits the floor be consoled that we all had that reaction.
Other companies don't even average 200 ppm and EXT can use it as a cutoff and still show over 103 mill lbs.
What is EXT's projected strip ratio?
Dunno. There was a scoping study for IDA but none for RS just yet.
good rcr report out, page-27
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