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"I don't think they care about verification or JORC requirements...

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Nodferatu

3,482 Posts.

152

07/08/17

20:33

Post #: 26347497
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Originally posted by Midnight26 ↑

I reckon between the

Marcelo da Silva Pinto M.E. refinery;

the e-Reciclar facility in Belo Horizonte; and

CETEC university facilities in Belo Horizonte and Rio de Janeiro

there's probably enough independent parties working with the same ore.

I don't think they care about verification or JORC requirements too much. Cargo planes loaded up with gold (-Ag-Pt-Pd) dore bars flying out of Apui airport is the only verification that BBX and anyone else will need.

Given they have designed their own extraction process they would want to be playing their cards close to their chest instead of getting additional independent verification.

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"I don't think they care about verification or JORC requirements too much."

Well that's not ideal, if fact, that's quite concerning for a listed company.

As a geo, I assume you've read the JORC code and it's minimum requirements for public reporting?
BBX Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held
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