GREY:PGDIF - Post by User
Comment by
justanormalguyon Aug 11, 2016 6:56pm
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Post# 25133353
RE:From MD&A
RE:From MD&APersonally, I like the scope of work outlined for Winter 2017, particularly the third objective.
iii) to increase confidence in the Inferred Resources currently declared for the CH-7 kimberlite.
The breakage and nodules issues have never been resolved. The "increase confidence" suggests they want these answers now. The LDD results in most cases are much lower than the caustics for CH7. Mostly for Domain 5 where the caustics show, from memory, 4-5 cpt. As I have said before, even though Domain 5, now about 3% of CH7, is small, if they resolve these issues Domain 5 at the surface, it could be very huge and quick payback. Big impact to NPV in amended PEA/PFS with some more results from Domain 2 as well.
Normal Guy