RWD 0.00% 7.1¢ reward minerals ltd

Brine resources simply aren't considered in JORC and the...

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  1. 258 Posts.
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    Brine resources simply aren't considered in JORC and the shortcomings start with the definition of mineral resources (and you can't use the hydrocarbons section).

    CIM provided their best practice update (in 2011?) to bridge their Canadian NI to cater for brines. I believe AMN were the first ASX SOP adopters of this global best practice while still satisfying JORC.

    KLL are in unchartered territory. While their shareholders like to spruik the application of the reserve classification, it in fact shows naievity and makes it more difficult for institutional investors to get involved
 
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