220 increase in m&i, page-7

"The grade/ cut off is similar to others , eg VML"
Very true but the difference between cut off grade and average grade to be mined (reserve grade) determines the profitabiity of the ore body here that margin means slim profits at best.
TO me it looks like they are pumping a dog but happy to be proved wrong.
Also the strip ratio has allready been taken into account to determine cut off grade.
These are only my opinions and are not investement advise