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Gold/Mining/Energy : AVL.V - AVALON VENTURES
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To: BLZBub who wrote (510)1/30/1998 3:01:00 PM
From: DRT  Read Replies (1) of 1474
 
That is correct! Remember, this is only an initial/preliminary estimate - the in-fill drilling and further delineation of the deposit will add to this estimate (i.e. 10+ million tonnes). Regardless, at 7 million tonnes, adding to the petalite resource is fine but it only enhances the EPS if they increase production over time (which is undoubtedly the objective and is indicated from the market study results).

DRT
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