Thanks for confirming that valuation from Baillieus...

Thanks for confirming that valuation from Baillieus bartm.Obviously they are continually reappraising MRXs results.

I take it you were talking of the non-inclusion of the SULPHIDES and not the oxides(easy to get back to front).From my limited knowledge of oxides and sulphides the oxides are usually cheaper to extract as they are generally in the upper part of the resource.Not sure re the processing side of things but I believe sulphides tend to be more expensive to process as well unless there is a large sulphide resource which would make it more economically amenable to do so.Hence sulphides tend not to be included in the ore to be extracted with these smaller operations.

Someone with more knowledge of processing oxides Vs sulphides may be able to help with this one.

So Im assuming all drill results MRX come out with are only oxide and transition inclusive as indicated in Baillieus report.There is no separation of results into oxides/transition/sulphides in MRX drill results as one would think if they are intending to include these in the resource.

Cheers d.