for what it's worth I thought the way the IER came up with the val was pretty ordinary. Issuing a val based solely on $/t total ore from the IOH transactions imo is a bit of cop out for an IER. using Polaris' target statement IER as a reference WFE missed a heap of detail in the yardstick approach and applied an indicated $/t sales price to an inferred only resource. It could have been much much better. so... why not?
and a question: In the feb letter to shareholders, Wong says, "The new Resource statement will be used to provide an updated scoping study and as input for potential mining plans."
have they already done a scoping study? does anyone know when it was released? I couldn't find it in the last few years announcements.
for what it's worth I thought the way the IER came up with the...
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