Anush
I think that your assessment is a bit harsh and I believe that once the JORC estimate is published that will give the company a very good story to tell to the world.
Today all they could possibly say is that:
- we are gonna have a great big resource and
- we are gonna increase it by X% and
- we are gonna have more in reserve and
- we are gonna have more high grade at x% cutoff.
I think that is gonna be a hard sell..........
Why not wait just a week or so and then say to the world
We have .............
It's that close!
I think the world will listen and be impressed by the diligent and professional way that the company has gone about proving up an amazing resource/reserve. That builds confidence and trust in management who have delivered one big resource upgrade after another, multiple times. It also is a pointer to the future that these guys will no doubt make it bigger still in the future. So the story they are painting has great facts to support historical work and they have painted a vivid blue sky which we can all look forward to. Some off take partners will like that story and want to deal with us.
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