RE:Interpreting the new newsSeg, I have 0 knowledge/background in geology.
That being said, the bottom line I get from the report is this:
"The following table, extracted from the AMC Report, shows the Mineral Resource and metal
content for the Sangdong Property as of September 15, 2014. The cut-off grade of 0.4% WO3
was provided by the Company and was based on an assumed mining method, production rate,
metallurgical recovery and metal prices. AMC reviewed these assumptions and considered that
they met the requirement of reasonable prospects of eventual economic extraction:"
Or, is "reasonable prospects of eventual economic extraction" not good enough?
I would also appreciate some input from someone with the knowledge.