Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: bigphos-this was posted Mar. 26 by littlefish

bigphos-this was posted Mar. 26 by littlefish

posted on May 07, 2009 10:47AM

Looks like have to wait for end Q2 2009 for D-tree probable/proved reserves.

posted on Mar 26, 09 10:31PM

From annual:



Currently Legend is working towards generating a reserve base at D-Tree following the resource drilling which was completed in December 2008. It is planned to have this reserve finalised before the end of the 2nd Quarter 2009.

so a one Q delay if they hit that timeframe for JORC workups for probable/proved.
IMO only.
The Galah Pit 3 seemed to have pretty good mineralization though, that's a positive (can ship DSO potentially).
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