The common statistic that is quoted is that 1 in 1000 prospects (or drill targets) becomes a mine. See link:
http://www.321gold.com/editorials/guest/delreal011415.pdf
So if RDM continue to test/drill 0.5 or 1 targets per year, how long before they (or their JV partners) make a discovery? You can improve your odds by doing brownfields exploration (close to existing or below existing mines) but RDM can only do that at Maronan (which at least has a known resource).
The common statistic that is quoted is that 1 in 1000 prospects...
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