COMPARISON PART 22014 - 1st chart + 3rd chart
2014 - provided a prelim resource size which is
actually same as 2015's official resource size backed by tech + pea reports.
Anomaly ? That would be the
2015 middle chart. Resource sizes are not the same as - 2015's tech or pea report.
Source -
SNC could this be.... Nickel Creek ?
yet.... wellgreen didn't change it's name to nickel creek till, 2018.
Most know junior's work closely with eng firms when developing ,
pea's, pfs, fs, bfs, reports.
Pretty sure i screen shot the 2014 middle chart from, tech report.
Was it meant to be seen ?
Future tense sneak peak deducting tonnage ready for, 2017's test gabbs + sulphides later ?
So, what did i find ? 2015 middle chart
Measured has lessor tonnage than 2014
Indicated has lessor tonnage than 2014
Inferred has lessor tonnage than 2014
Waste tonnage is introduced 2014 does not have
To the untrained eye.... total tonnage in 2014 middle chart
groups all tonnage categories including inferred.
Odd. And if one only focuses on total tonnage - easy to miss the inferred
was grouped in = which could look like the resource increaded from 2014 chart
But.... tonnage all decreased.
Waste category added.
Measured 2014 chart - 92,293,000 million t
- 2015 chart 69.2 million t
= 23,093,000 million t deducted / missing Indicated 2014 chart - 237,236,000 million t - 2015 chart 123,600,000 million t
= 113,636,000 million t deducted / missing Total Deducted = 136,731,000 million t Lets pull forward 2023 pfs tonnages Press states - 436,695,000 million tonnes
PFS states - 307.7 million tonnes
436,695,000 million tonnes
- 136,731,000 million tonnes ( 2015 chart deduction )
= 299,964,000 million tonnes
What does the 2023 pfs chart say for total tonnage ?
307.7 million tonnes
Which begs....
could this 2015 middle chart in post above
have any reduction corellation to 2023 pfs reduction tonnage ?
Remember - our press tonnage is - 436,695,000 million tonnes
Gabbs Sulphides and..... mass Clino deducted ?
Worth - 136.7 million tonnes.
Good question.
Then.... factor waste tonnages added to 2023 pfs with near same mining costs - lol
Remind oneself of, 846 million t inferred.
Peridotite conversion - sulphides, gabbs, clino high grades gone -
former post Were small shareholders thought of ?
Cheers...