Ann: Conference Call- Feasibility Study Release, page-4

Many requests for information re: Why has the DFS been delayed twice. There are only two simple reasons I can think of...

1) The mine plan aimed at had to be adjusted due to high grades at the original floor of the assumed Open Pit, hence re-analysis of data and inputs. This would be great reason; and it's the one I expect, given the last 4 months of sample JORC reanalyses. (1a: excessive grades deep down in underground levels)

2) They have discovered a geographic anamoly that would require a re-assessment of mining costs. This mean a reduction in our unknown value. After valuation numbers; the key take away from the discussion will be hpw quickly the grades will deliver cash-flow positive (Shallow grades). The preliminary numbers seem to point to fast conversion to cash, which for NPV is  a major plus.

I'm flying intercontinental tomorrow, just in case there isn't an online copy could someone please record/take notes for me? (@Wainui , @doodledog, @Malabra ?)