AZM 3.57% 2.9¢ azumah resources limited

Leveraged gold play, page-26

  1. 479 Posts.
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    Haha yeh it can be a bit confusing and I get what you mean, I could be wrong though as it does make sense for it to also be included in the resource total.
    What confuses me about that chart in the investors presentation is that the proven section of the chart is actually inside the measured section and not a seperate bit, indicating they are too amounts.
    Hopefully I can get a clarification from the company to be 100% sure, but even with a total amount of 2.0M and not 2.6M we are still undervalued.
    Thanks for the info mate, good to know now that companys sometimes include the reserve into the total JORC resource as I always thought they were seperate values
 
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