RE:RE:RE:RE:No “Ore Reserve” Classification? We will agree to disagree.
I suggest posters review how operating miners with multiple operating and development projects report various levels of economics. The current Pebble owner does not mine, coupled with the nature of Pebble, should complete and disclosure real economic analyses. They have to have this level of analysis for outside company due diligence. The mine plan, metallurgical process and all associated ancillary facilities have been identified as reflected in the EIS. Modifying factors can be anticipated especially when tonnages, recovery, waste containment, materials, and reagents, clouse requirements are known. The NEPA process is not an excersize in economic analysis. The DEIS did not analyze alternative mining methods, namely underground, which is legally required especially since pit-mining pit lake treatment and discharge is proposed.
Understand the use of ore and reserve is may not reflect international terminology, but for posting board purposes, is applicable.
Given your statements above NIs' would be also suspect if no permits have been issued. If the applicant is hiding behind final economics based on final permits, while not providing increasingly accurate economic analysis (30-year/$1billion), what are they doing?