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I note rockets post on 4 May 2014 regarding the $60 million...

  1. hiphoppresident
    852 Posts.
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    08/07/14
    23:16
    Post #: 13630830

    I note rockets post on 4 May 2014 regarding the $60 million value on Aravalli if the ML is approved in IRL's favour.

    Does the $60 million figure relate to the mere grant of the ML i.e. without drilling, further drilling and JORC?

    I would suspect that positive drilling results and a subsequent JORC would catapult Aravalli in to the $hundreds of millions+

    Thoughts?
    IRL Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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