RE: Transcribed extract from Dmitry interview regarding 40moz9 Nov 2019 16:40
Just to add some content from the 26th Sept RNS:
'Flanks area application now submitted to Rosnedra. Eurasia's TGK (Eurasia's 80% subsidiary) as the production license holder has exclusive rights to the flanks areas which the directors believe have the potential, given drilling success, to increase the resources severalfold'
So we have 2Moz in resource and reserve which is approved and potential for more once the flanks licence is approved. Which could be the 15Moz but not 100% certain. In regards to the 40Moz I would imagine the other bigger players and EUA will get a bit of this each. Cannot see the potential 40Moz being approved solely to EUA.
So us in EUA are putting our money in based on West Kytlim, the 2Moz at Mochitundra and the hope they find something they can mine in the flanks. There are inferred resources in part of the area Anyone disagree or care to add anything further?