Ann: Further Positive Ore Sorting Results on Drill Core, page-10

"The news on the MRE has been delayed on the back of the ore sorting. Do any of us want a MRE to come in based on a 5g/t cutoff when the ore sorting looks like allowing this to be brought down to ~1.7g/t?"

Yes the cut off will go down but it is not going to go down to 1.7g/t as surely the mining cost stays similar to before and it is just the processing cost that drops and for hard rock mining the biggest proportion of cost is in mining not processing .