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Message: Re: Roth has been updated since
5
Dec 05, 2013 08:16PM

formerTN,

Thanks for pointing that out. Yes, I am aware of Roth update in its 3 Dec 2013 report.

I should have included the word "orignally" in Roth prediction of 13M tonnes, as in a sentence such as "Roth originally predicted 13 M tonnes ore", which is way conservative.

But by starting low (with a conservative number) there would be a good chance for a revised prediction to get better when more drill results are available.

I hope that ZEN would come out with a higher tonnage using an un-constraint model before their formal submission of the Technical Report to the regulator. They have plenty of time (more than a month) to do it. I would expect that just few days would be required for the talented professional to crank out the "raw" resource estimate for ZEN. All the data are there and the model is there. Just put them in a meat grinder and turn the crank. Sounds easy, eh?

Forgot to mention that ZEN can fast track the results by paying the consultants a bonus. Consultants are capable of working around the clock if there are enough incentives.

goldhunter

2
Dec 06, 2013 08:47AM
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