CMM 0.16% $6.43 capricorn metals ltd

Resource upgrade imminent, says top columnist Barry FitzGerald, page-31

  1. 7,325 Posts.
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    Quite like this chart for explaining the resource/reserve classification relationship.

    So CMM is currently 100% inferred, the lowest level by the book, but that's the rub, in less than a week that will change significantly. So what we are looking for is a high conversion rate from inferred to indicated and measured. The higher the % the better! Then by end of April, we get maiden ore reserve numbers, which will givea very strong indication of the mine plan and mine life.


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