GPR 4.17% 2.3¢ geopacific resources ltd

GPR New Research Note - BBY Asia Pacific, page-2

  1. 7,554 Posts.
    lightbulb Created with Sketch. 2045
    "We simplistically averaged the grades of the 3 individual sections"

    It's pretty obvious there's supergene enrichment giving the super high grades at shallow depths, so straight away they're biasing the grades by using a simple average.

    Their valuation was flawed as soon as they started.
 
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