RE: JORC, DFS etc.1 Nov 2020 09:07
MrYfronts.
So if I understand you correctly although the figures of minerals in the ground are the proven minimum that is there, they do exceed the minimum that is required to permit mining.
Any work to establish a more accurate figure which logically must therefore be higher has not been undertaken by EUA.
Applying same logic any buyer will price their bid around the estimates to date with the hope they fall well below the actual in the ground.