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11:37
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Originally posted by Freehold
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Project derisking is a incremental process comprised of numerous steps in the exploration, definition and Study reporting process. Each set of assays derisks the project a little further. As the derisking process occurs it adds undeniable value to the company and hence has an effect on the Mcap.
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It should be noted that for most lithium junior explorers over their entire project area they struggle to define a total resource more that a few million tonnes Jorc. In comparison AVZ easily does in one or two holes at Roche Dure.
