The quarterly talks about the company seeking a retention licence for Tandarra. As part of that application Catalyst provided the company with a Mineralisation report on Tandarra. A Mineralisation report( be it in WA, NSW, Vic, or anywhere else ) always has a resource statement.
It is part of the evidence that explorers provide to governments to argue the case for licences. Mark Creasy had to do the same thing when he applied for a Mining Lease on 6135 hectares of land surrounding a nickel discover in the Fraser Range a few weeks back.. It is normal stuff.
So my thinking is that sooner or later this willl become public knowledge, either by self admissions or FOI requests.
So what do the punters here think the resource estimate will be
Tonnes= A
Grade in grams/t = B
Ounces = C maths (A*B)/31
HC Nearest to the Pin and we will ask the Chairpop to stump up a slab of Melbourne Bitter as a prize.
who's up for it?
I will keep a tally of shareholders expectations/dreams/consensus.
My punt
A=2m
B=3
C=194,000
good luck
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