Considering the reserve grade of 5g/t is about 41% less than the resource grade you could easily lose the 38% resource upgrade when resources are converted to reserves.
For starters is anyone concerned about the thickness of the splay lodes which account for 149,000oz (or near 20%) of the gold resource at Deflector?
Interested to see how DRM’s cash position has changed once the capital raising and debt repayment have been factored in. Esh
DRM Price at posting:
34.5¢ Sentiment: None Disclosure: Not Held
