MOE 1.76% $5.21 moelis australia limited

Hi GrahodMy understanding is that both moto and banro have...

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    Hi Grahod

    My understanding is that both moto and banro have approx 8m ounces whereas banro has approx 2.4m of the 8m ounces in the measured and indicated category whereas moto has approx 0.7m of the 8m ounces in the measured and indicated...in other words banro has the surer resource at the moment.

    Moto is currently infill drilling at the moment to "sure" up the resource and to put more of the 8m ounces into the measured and indicated category. A new resource statement is due out in the next few months. Once this happens they should go to roughly the same level as banro on the TSX !!
 
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