Common man.
it is mining 101.
everyone knows that mineral resource does not equal ore reserves
Ore reserves are always a fraction of the total mineral resource
Open Pits Deposits are usually 50%-60% of the Resource
Underground Deposits are usually 25%-30% of the Resource
Sure you can assume a litter higher but some posters are trying to sell & imply that the entire 3moz should be valued as ore reserves!!
that is dangerous advice man.
Rox the 3m oz gold bet, page-119
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