I think you miss the point. CDU have stated in multiple public market releases as to how good their updated block model for the project is.
Resources & Reserves are continually changing with time as new information is gained - and this is the case at Rocklands
So the initial resource statement is materially out of date, as more detailed exploration and development work has been undertaken since that point and an updated R&R statement should have been released.
One could argue that the DSO material is within the original R&R tonnage - it is just not discretely modelled or released as such
There should be an updated statement released with the DSO (supergene) material stated in a separate category to the primary (hypogene) material.
This would stop the incessant discussions as to how much DSO is there.
CDU should have a very good idea of how much is there - so why don't they release this figure?
CDU Price at posting:
$1.77 Sentiment: ST Sell Disclosure: Not Held
