"It seems to me as investors we are being asked to take a lot for granted by the brief descriptions supplied. Esh"
As I mentioned if you back to the 28-8.17 announcement it gives a detailed description of how the assaying was done , they had to do that following a please explain from the ASX
Where do you get the slag was resmelted , I would have thought the slag (oxidised metals silica phosphates ) would be peeled off and just the previously fired smelt is resmeltered
Likewise I do not see the need to know the weight of the slag , it is also going to be smelt and slag and
TO me (and I am not qualified ) their fire assaying method used is the closest method they can use to get a viable test , to get it qualified for being recognised by the ASX , biggest differences is they are using Cu as a collector metal rather than Pb , and they are refiring the smelt for a second tap .
Regarding your point to Midnight "A resource however loosely you want to calculate it implies an expectation that it can be economically exploited based on certain gold price assumptions"
I think from memory if you look at the JORC code a resource does not have to be economic however a reserve takes into account the economics of extraction and processing .
BBX is a work in progress interesting you stated "It seems to me as investors we are being asked" so does that imply you are now an investor in BBX ?
BBX Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held