I have been comparing the different resources of AVL and TMT, unfortunately I can't post the pictures up here because hotcopper is not the most user friendly site (or I do not understand a simple way to post pictures).
But the AVL resource and TMT resource both look very similar. A significant difference I see is that AVL has drilled deeper than we have, so naturally their resource will be larger than ours. Since ours is still open at depth, I can only assume that we will have a significant resource upgrade when the latest round of drill reports at greater depth come in.
Do we have any other opinions on this?
TMT Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
