ore reserve results before dfs?

  1. 506 Posts.
    It was mentioned that the Feasibility Study Calculations & Results (DFS) will be determined and announced following finalisation of the "Metallurgical Recovery" & "ORE RESERVE".

    It is expected that the results of that testwork and the "ORE RESERVE CALCULATION" will be availabe during March 2012.

    The positive "Metallurgical Recovery" report was announced on the 4th April 2012 (Tungsten recovery now estimated at 85%)...which is good news.

    So what about the "ORE RESERVE CALCULATION"?

    Has that got to be announced before the DFS comes out?

    At the moment, all that's presented to us is the JORC/Mineral Resources (e.g. Measured/indicated/inferred) at the moment. (which could be found in the Half Year Report - 12/3/12)

    Kiddo
    Please DYOR



 
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