Obviously if you were the funder, large amount of high grade resources should be developed at phase I to reduce investment risk. But the company hasn’t mentioned its high grade resource for quite long time. For me it’s very strange, no idea what happened there.
Everyone may think in different way, but when I bought VR8 shares, it was its 60Mt ( I remember) @ 1.23% resource which attracted me, not because of the fancy report.
Top 20 holders update, page-25
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