Perhaps Hellman and Schofield are geological consultants that the new management have worked with before and hence will have more confidence in the re evaluation of the previous resource upgrade over the Snowdens figures. If Snowdens have been too conservative then we may see a higher grade and lager number of ounces.
A re evaluation of PIR's projects and exploration procedure/plan is a good move by the new management to ensure that Medinandi and Mali south will be developed in the most efficient and effective manner to grow the ounces for PIR holders.
Retrac
PIR Price at posting:
53.0¢ Sentiment: LT Buy Disclosure: Held
