BML 5.00% 10.5¢ boab metals limited

What are peoples thoughts on why we havent updated the MRE in...

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    What are peoples thoughts on why we havent updated the MRE in 3yrs after 3 additional phases of drilling? Some would only be infill drilling, but that would still allow some increase in confidence category i.e. more measured and indicated. Some of these drill campaigns definetely included extensional driling though, which would add to the overall resource.

    You would think out of all the workstreams you could be doing to enhance the economics and robustness of the project and make financiers happy, it would be adding to the resource and LOM? .... and we have the assay results we just need to get the JORC compliance guy/company to collate them and update the numbers. Wouldnt be a huge task or expense would it?

    Is it only a marginal improvement we would see from this? To me it looks like a lot (64 holes) but perhaps not in the scheme of things?

    Keen to get schooled



    https://hotcopper.com.au/data/attachments/6206/6206414-9757c8ee7fe9dfd4fc8734a968c8cc69.jpg

    Last edited by Watchfulbull: 29/05/24
 
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