My mind is confused.............21 Sep 2021 20:25
I ought to know, but do still have some confusion as to the upcoming 2021 PFS / MRE
Q1 we have an existing MRE based on on existing shell dimensions which has produced an MRE using historical drill results , and the resulting grades , dating back to March 2021, of 4.2 M oz au equivalent. This is our starting point.
Q2. Since then there has been a huge amount of existing shell infill drilling which appears to improve the grades within the existing MRE shell, and which will improve the grades enormously. So , will the last Qtr , 2021 PFS be based on this existing shell ??? using improved grades ???
Or .......will it include an increased shell size based upon the additional at depth drilling. ( which seems logical to me .)
Q3 There has also been a large amount of step out drilling. These will presumably not be included in the PFS, but will be shown / calculated as an additional MRE , AU equivalent , that will be added in to an enlarged PFS / FS at a later stage. It will also presumably give a very good indication of a future enlarged FS.
Q4 .... or am I bonkers ( Panama - do not answer that question ) and quite mistaken in my thinking. Even if I am , I foresee our existing shell becoming , say 8M oz PFS... ( at the very least )
PLUS the additional at depth adding on another , say , 6 M oz ( 14 M oz )
PLUS the additional step outs eventually taking us up the ladder in leaps and bounds to 28 / 40 M oz.
Bamps , I could probably decipher the answers from your erudite expositions, , but I do not speak the language.
Tig