That valuation is based on the JORC of 460 million tonnes. Pattersons have stated that the valuation will be upgraded when the JORC is upgraded. A billion tonnes plus is expected in March so a large upward revision is on the cards.
Road shows in Hong Kong and Canada will gain exposure and hopefully a higher share price.
Its all good
gmc
That valuation is based on the JORC of 460 million tonnes....
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