on reflexion the market has not valued the HAOMA statements of the last 10 years.
The market has moved on from melon seeds so all the disputed statements can be withdrawn.
We inform the ASX we will prepare a 1000 tonne batch from a selected tenement , we will grind and mix to give a homogeneous batch. We will put 50 to 2oo tonne batches through the process and report the precious metal obtained.
We will then select 100 or 1000 tonne batches of tenements and put them through the process and we will report the precious metal obtained
If there is a batch to batch variation with the initial 1000 tonnes this is a process problem
If there is batch variation with further batches from tenements that defines the homogeniety of the tenement
This avoids defining the resource initially but allows the size and nature of the resource to emerge
HAO Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held