What I was getting at is that there is nothing in prior announcements that warrants suggesting a 53000kg resource. If TNR has no actual new results, then I don't see where Varun are getting that number from.
If this number is based on interpreting the data currently on-hand, then I would have expected TNR to be shouting it from the rooftops; 53000kg of gold translates into an asset for the company worth somewhere between 20c-30c per TNR share.
If anyone here knows where that 53000kg number comes from, I'd be really interested in knowing how it was derived.
(I'm not suggesting a resource that size would add that amount to the SP without bars of gold coming off a production line, but the potential of such a resource would move it significantly higher than where it is right now)
TNR Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held