Ann: General Meeting Presentation, page-15

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salpetie

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13/04/18

12:06

Post #: 32435044
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Originally posted by dolcevita ↑

Tough question to answer properly without $1+M for the studies and complete assay results for phase 1 drilling.

I think the answer is yes and probably just for Opasura East.
OP west while not as thick is fairly consistent and should add more.

The exploration target given last year was 2.5-3Mt @ 10-12% combined Zn+Pb and drilling so far has been fairly consistent in giving results which IMO support this figure.

Precisely. But if like I did, you told tangs, that we could reasonably rely on the target figures because we're twinning the previous Canadian exploration, with drill results corresponding to the target, and because we're getting excellent (then preliminary now confirmed) results on metallurgy recovery processes (see latest ann), he ridiculed you as not being able to understand what a reserve means.

It's a very aggressive claim, made by someone demanding detail which is inappropriate at the stage of development, and fails to take into account all relevant known factors and most likely factors. This was and remains, my point.

Too much focus on detail risks missing out on making sensible judgements from what we have, and extrapolating from them in a reasonable way.

The latter has been my approach. It's incremental and nobody gains from making scary and irrelevant claims in response to such an analysis....or do they?

(Everyone knows what a reserve is. And if they don't they can easily google it.
That's not what the issue ever was. But pretending it was is however a neat trick.)

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I take it you see my post as negative. Not my intention but IMO relatively consistent with my previous output on Opasura.

I do not understand your post. Sorry but you may as well be talking another language for all I can make from your words. My bad...

AZS Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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Ann: General Meeting Presentation, page-15

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