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17/10/10
00:51
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From the presentation.... Wayno says "where building our plant to treat 5-7% copper".
He then refers to the JORC, and 10 years at 1.24%eq. Then he says first 4 years at 2.05%eq.
Then he says about the next 6 years "after that it will deteriate SLIGHTLY".
Work out the numbers.
10 @ 1.24 = 12.4
4 @ 2.05 = 8.2
The last 6 years at 0.7% eq (12.4 - 8.2 = 4.2 / 6)
He thinks going from 2.05%eq to 0.7%eq is a slight decrease.
Not only are there magic Elfs and Fairies at Rocklands, but magic mushrooms too.
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