Re-rate time, page-11

Thanks DD. I did my "analysis" based on the Ann. I listened to the podcast late last night afterward... My thoughts are confirmed by the recording which is reassuring; with some icing on top re: the improved processing expenses and the high confidence in the deep grades, access to expertise and experience in the region (that can't be underestimated).

There didn't appear to be any "spin" on the recording, it came across to me a genuine reporting of the scenario in our reserve. So I'm now even more comfortable holding. I won't be lightening my holding pre-DFS; I reckon in 2 mths time there is gonna be some screaming good buying for anyone with cash left! I expect a lull in the S.P. when things go quiet Ann wise.

I think this DFS really shouldn't have been released, it seems to me to actually be quite misleading in its incomplete form. They should have just stuck with a reserve valuation and stated that the mining costs had not been ascertained IMHO.

Would have been better to have bitten the bullet and said "we wasted some time, and went down the wrong track with our mining plan. Sorry you'll need to wait"