TRH 0.00% 83.0¢ transit holdings limited

Ann: UPDATED TRANSIT RECEIVES STATE APPROVAL FOR , page-14

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  1. 1,254 Posts.
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    re: Ann: UPDATED TRANSIT RECEIVES STATE APPRO... i dont think you need to be a geologist to answer this one.
    in the unamended announcement you will see "The Exploration Target assumes a grade-thickness cutoff of 20% K2O per metre (grade by thickness)".
    in the amended one, you will see "The Exploration Target assumes a grade-thickness cutoff of 32% KCl-m, below which mineralization is excluded from the estimate."
    this is in ajax's post above. so - kcl-m is simply kcl per metre.
    the worrying thing for me is the increase in the cutoff and the decrease in the grade of the 2 beds.
    i am not a geologist.
 
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