wow, youve really kicked a hornets nest here mate haha! I do have a couple questions tho.....So with all DFS produced in Aus there is allowance for competent persons to differ from projections by +/- 15% right? Could that be a contributing factor and account for some discrepancies as compared to numbers provided? I think your argument relates to the period of the figures correct? So if we go on the LOM then (given the allowances for error) these figures could be more accurate? My concern with your figures was from memory, there was multiple parties involved in the development of our DFS, primarily it was royal ihc and wave int....so to presume they were so innacurate has obviously got a few peoples backs up haha ( me included)
my main point, is with backing from dutch and aus gov, financial contributions from principle contractor, so many people going on the record on dfs as competent, the project must still stack up financially? Im aware graphite is a very hard business- but the area would not be the first operating graphite mine to exist down there.
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wow, youve really kicked a hornets nest here mate haha! I do...
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