CDS comdek limited.

shortcut to massive jorc

  1. 3,815 Posts.
    I wonder if this is one of the main reasons why CDS is moving. From last announcement:

    "The Company believes that if all historic drill hole data is acquired there may be
    sufficient information to complete an Indicated JORC compliant resource. The
    Company also believes that drilling will be required to further increase the resource
    classification and tonnages calculated to date."


    So if they announce an indicated JORC of 415million tonnes, what do you think the market response would be?

    Talk about a major shortcut for a company with a market cap of $30million!!
 
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Currently unlisted public company.

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