All nice reading to my non geo/engineer eyes.
Yes, provides a very nice overview with what's going on at HAV.
The value they ascribe to the bedrock is interesting.
Strachan in his report as posted by Clarke888 says "an exploration target of up to one million ounces is possible if drilling continues to show the sort of spectacular results that have been found so far". He uses 6 million tonnes to get his up to 1 million ounces for the bedrock whilst PhillipsCapital run a few scenarios but end up using 2 million tonnes at 2 g/t to get their 0.42c. (128,000 oz)
Obviously, we need A LOT more drilling to close the gap between PC and Strachan, but if Strachan is closer to the mark and if we then use PhillipsCapital's sum of parts valuation, then, well,
Still, not sure how long it's going to take to drill it all out, washed, assayed and reported, but I suspect quite a few months yet.
All nice reading to my non geo/engineer eyes. Yes, provides a...
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