Replies to post #18315 on Futuris Company (FTRS)

[gitreal]

such differences don't matter for any reason

Exactly! Here is the definition of a mineral resource:

A 'Mineral Resource' is a concentration or occurrence of material of intrinsic economic interest in or on the earth's crust in such form, quality and quantity that there are reasonable prospects for eventual economic extraction. Mineral Resources are further sub-divided, in order of increasing geological confidence, into inferred, Indicated and measured Categories.

Based on the evidence that MISM has presented, there is no credible proof of even a resource being present (let alone a "reserve"). There is also no precedence for a placer deposit anything close to the one being promoted by MISM. It is BS.