AZX auzex resources limited
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inferred or proven?, page-2

  1. miningboom
    155 Posts.
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    21/12/10
    14:56
    Post #: 7642910
    Inferred is the lowest confidence level for a resource. Followed by indicated resource, then probable reserve and finally proven reserve. The upgrades happen with closer drilling (as being undertaken now by AZX) scoping and feasibility studies.
    AZX Price at posting: 53.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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