XSO 1.85% 2,925.7 s&p/asx small ordinaries

The Brains Trust - 2020, page-1833

  1. 8,629 Posts.
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    there is simply not enough drilling results at this stage to estimate a resource for this project We need to get an idea of the surface width from further results We now have some idea of the length (plus possible extensions that are undrilled) We now have a depth to work with so we are someway there. We need to multiply surface length by width .then by depth to get a volume, convert that to tonnage, then apply average grade from the drilling so far and then modify as further drilling improves understanding.

    but, more than likely, someone with experiance in those sort of rocks, in that area, would already have some idea. We will always be behind the ball, so best to use our money management skills to ride it. Forget charting as we chart regular stocks.


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