PEX 0.00% 11.5¢ peel mining limited

Ann: Large-scale mineral system at Wagga Tank confirmed, page-45

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  1. 4,168 Posts.
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    Hi Sarg,

    We will just have to agree to disagree on the reporting regime.

    There is nothing unique about Peel's mineral suite that differentiates it from others that do & have used XRF to speed up interim reporting to the market.

    I would stack the professionalism of Mark Creasy & Mark Bennett up against Rob any day. Not saying one is better than the other. But if guys of the calibre of those 2 feel it is appropriate to use XRF as an interim reporting methodology then that should be good enough for anyone. Their success rate is enviable.

    Peel would be using a portable XRF on all the cores anyway to give them an instant indication of what they are intersecting. So there is no great or additional cost involved in doing that before assaying at a lab.

    I would say to you that a period of 7 weeks between reports is probably just as damaging price wise to the stock as what is a small percentage variation of results between XRF & traditional assaying.

    Looking forward to results yet to be released.
    Last edited by Nijiman: 24/03/18
 
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