GREY:CNSNF - Post by User
Comment by
anon3on May 11, 2015 3:52pm
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Post# 23716412
RE:RE:resource update error?
RE:RE:resource update error?
Here is CEM response......you are correct DB
Hi XXXXX,
Your email to info@ was forwarded to me. The 97% increase is based on a $75/t cut-off. The 2010 resource above $75/t totaled 4.1Mt – 8.1Mt represents a 97% increase over this number. The 4.75Mt number you reference is based on a $50/t cutoff. To remain conservative in our modeling and resource statement for a $50/t cutoff was not tabulated for the 2015 resource. The 4.1MT @ $75/t cutoff was included in the original 2010 resource statement as well as subsequent disclosures.
Trying to make sure we are comparing apples to apples.