Originally posted by AlCp
Legally I don't think you don't need one, you can purchase a patch of land and immediately start production if you want if you have the funds but I haven't come across an explorer that need money who hasn't produced one before going into production, as these industry standard information to attract investors (shareholders and funders).
Well, that depends on the degree of importance the financiers attach to JORC. Mines in the Philippines and Indonesia can and do attract buyers and financiers for their projects, now show me their JORCs.
