The updated JORC is of itself significant but of greater interest is how it is running tête-à-tête with the historical JORC of 12.9 m ozs.
If the current JORC matches or exceeds the 1997 version at the same location then the whole 12.9 would be considered as valid which would give a reserve of over 8m ozs applicable to WWI. That would really set a bomb under a buy out price.
So the answer to your question as to how high can we go is the sky is the limit. It is not just important to have the drill results but also this tête-à-tête With the historical JORC.
This will be paramount to Mx and any suitor and personally I wouldn’t mind knowing this small detail.
The updated JORC is of itself significant but of greater...
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