Cheers Mick, appreciate the response and completely makes sense.
Given the tendency not qualify drilling via JORC reporting, i would assume that it's difficult to value the company with anything other than short term results and an assumption that they will discover more veins.
Would you say that is the case and how have they performed against peers that rely more heavily on JORC reporting? I assume there would be a heck of a lot more market interest around qtrly reports drill intercepts and the like? Is that correct?
cheers
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2 | 577777 | 0.045 |
1 | 50000 | 0.044 |
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1 | 625000 | 0.040 |
Price($) | Vol. | No. |
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0.052 | 55000 | 1 |
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