PNR 3.53% 8.2¢ pantoro limited

Has anyone else noticed that the Scotia mining centre is not...

  1. 15 Posts.
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    Has anyone else noticed that the Scotia mining centre is not performing to expectation in terms of grade?

    My research suggests the following:

    Scotia mining grade - 45% below reserve over last 6 months of mining
    Prev QTR 1.9g/t
    Last QTR 2.0g/t
    Reserve 3.6g/t
    DFS 3.6g/t
    PNR last quoted reserves of 163koz @ 3.6g/t

    Green Lantern mining grade - 18% below reserve over last 3 months of mining
    Prev QTR 1.4g/t (with LG stockpile of 0.77g/t)
    Last QTR 1.1g/t (with LG stockpile of 0.84g/t)
    Reserve 1.3g/t
    PNR last quoted reserves of 185koz @ 1.3g/t

    What does this mean for the current reserves, will they be significantly downgraded?

    Will the above behave similarly on the Scotia underground?

    I may have missed a release by PNR in the past but please correct me if i'm wrong.


    DYOR & IMHO
 
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