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08/07/14
23:16
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I note rockets post on 4 May 2014 regarding the $60 million value on Aravalli if the ML is approved in IRL's favour.
Does the $60 million figure relate to the mere grant of the ML i.e. without drilling, further drilling and JORC?
I would suspect that positive drilling results and a subsequent JORC would catapult Aravalli in to the $hundreds of millions+
Thoughts?
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