"Now lets be absolutely clear" holes were drilled into the ore resource in 2011/2012
(see page 6 of 2013 annual report 1st paragraph; grades of 10g/T which should be a positive for the ore resource were reported for those shareholders who care to read before posting; see quarterly activity statements 2011/2012 for drill estimate results)
The JORC code 2012 states that if a material change has occurred to the ore reserve or ore resource reporting to JORC code 2012 is mandatory (by Dec 2013); else "if not why not".
Red have no where to go on this matter as they did not update to JORC 2012 code in the 2014 AR; they simply took the easy option; which means hard work and diligence.
If Not Why Not
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Last
33.0¢ |
Change
-0.025(7.04%) |
Mkt cap ! $2.261B | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $3.341M | 10.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 1199011 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 909463 | 37 |
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| Last trade - 12.50pm 12/11/2024 (20 minute delay) ? |
| VAU (ASX) Chart |