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8,355 Posts.
95
25/04/11
17:21
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MEO, CTP and ROG are Oil Explorer not minerals.
LET us get facts straight: Best chance for some one finding Oil is 2 out of 10.
In Minerals, story is totally different: Once Geological analysis are done, you have two possibilities are :
Either Grade are low and are not commercial grades
or Grades are sufficient enough for to be declared commercial grades.
As the Minerals Prices Surge, even lower grades becomes commercial level(Enough Margins on OPEX).
Waiting few weeks will not harm.
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