"Despite the high data density and robust geological understanding, the absence of quality control data for the historical data, has led to a conservative decision to classify the Mineral Resource as Inferred."
“The completion of such a compelling Scoping Study, based on conservative assumptions and a very large quantity of geological data, underlines the absolute quality of the Bawdwin deposit.
The study will be updated once a satisfactory portion of the resource has been upgraded to Indicated in accordance with the JORC Code 2012 Edition and I look forward to being able to share
the outstanding economics at that time.”
This to me implies they're pretty confident in what's in the ground but they need to satisfy the quality assurance controls for JORC purposes.
MYL Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
