Australian (ASX) Stock Market Forum

Reply to thread

Simple, you need to look at the individual results for KC & Robe.


Kumina has quite good results. Changing the cutoff from 55 to 50% doesn't change the tonnage all that much.


Robe on the other hand does. The 55% cutoff only yields 18.1mT, whereas the 50% cutoff yields 43.5mT. Quite a difference.


But the cutoff of 50% for Robe still achieves an average grade of 54.65, so there was obviously alot of results that just fell shy of the 55% cutoff, hence they used two tables.


Selling in the month the JORC is due is a big big risk imo.....:nono:  particularly when Dunbar & Mick Wilson had already bought in this year as a signal of good results.


Top