I though I'd create a new thread to bring some focus back onto the company rather than people's emotions and at the same time hopefully get people to share some knowledge on what the process is for reaching JORC; I personally don't know too much about this.
So my question is, how will PEN know that they have enough U to be able to release a JORC compliant resource estimate? Do they simply keep drilling and accumulating estimated U from each drill until they have enough? I would imagine that would be part of it, but also the historical database would also be used as input. Would the 3D model that they are aiming to complete in January bring that all together and if so does this mean there's a possibility that we may get a surprise announcement regarding an earlier than expected JORC?
I would appreciate people's thoughts around this.
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