AEV 0.00% 0.5¢ avenira limited

trading halt, page-68

  1. 438 Posts.
    Agree with Atma and Redmoki... without a doubt there is an ongoing dispute with ASX over their reporting of the JORC estimates at Wonarah..."an announcement in respect to JORC compliance matters on previously announced estimated of mineralisation"... and given their re-amendments of the last ann, and others previously. Plus the late selling. Hope the outcome is a positive one.


    For the record these are the issues they had with the last announcement:

    Original:
    Its northern sector alone contains a JORC-compliant inferred estimate of 1.95 billion tonnes at 23% P2O5 at an in-ground grade of 23%.


    First amendment (corrected grade figure for larger 1.95b deposit to 14.4%):
    Its northern sector alone contains a JORC-compliant inferred estimate of 1.95 billion tonnes at 14.4% P2O5.


    Second amendment:
    Its northern sector alone contains a JORC-compliant Inferred Resource estimate of 1.95 billion tonnes at 14.4% P2O5.


    Maybe ASX are objecting to the use of 'Resource'?
 
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