Interesting points; can you show us the rules on this?
The way I see this is just a staggering of projects ramping up their cashflow and decreasing the risk through Capital Management.
What fund managers will not invest in a mine that is producing?
There are exceptions to the JORC used all the time; Particularly with Graphite. End-users prefer smaller amounts to large amounts for a number of reasons. Also the customers are all over the world...
